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Ben Wong Acquires 15-Unit Multifamily At 35-16 Astoria Boulevard South For $6.1M

Property Image
SOLD
$6,100,000

New York

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MultiFamily15,000 SF
Sold 07/25/2025
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Property Image
SOLD

Ben Wong Acquires 15-Unit Multifamily At 35-16 Astoria Boulevard South For $6.1M

35 16 Astoria Boulevard South

See Similar Deals
MultiFamily15,000 SF
Sold 07/25/2025
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$406
Total Square Footage:15,000 SF
Transaction Type:Sale

The property asset involved in this transaction is a multifamily building located at 35-16 Astoria Boulevard South in Astoria. The sale price for this asset was $6,100,000, comprising 15 units and totaling 15,000 square feet. The price per unit stands at $406,666, while the price per square foot is $406.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $6,100,000
  • Units: 15
  • Price per Unit: $406,666
  • Square Footage: 15,000
  • Price per Square Foot: $406
  • Buyer: Ben Wong
  • Seller: Igor Vaysberg & Jake Soodek - Hirshmark Capital
  • Buyer's Representative: Gold Capital Group
  • Seller's Representative: Joe Brikman - Brooklyn Blocks Real Estate

The deal involves key individuals such as the buyer, Ben Wong, and the seller representatives, Igor Vaysberg and Jake Soodek from Hirshmark Capital. Joe Brikman from Brooklyn Blocks Real Estate acted as the seller's representative while Gold Capital Group represented the buyer in this transaction.

Players

Joe Brikman
7 deals$22.5M volume(718) 669-0316
BROKER

Hirshmark Capital
SELLER


Details

SOLD
IMAGE: Joe Brikman DATE: 7/25/2025 ADDRESS: 35-16 Astoria Boulevard South MARKET: Astoria ASSET TYPE: Multifamily BUYER: Ben Wong SELLER: Igor Vaysberg & Jake Soodek (@JakeSoodek) - Hirshmark Capital (@HirshmarkCapital) BUYER'S REP: Gold Capital Group SELLER'S REP: Joe Brikman (@JoeBrik) - Brooklyn Blocks Real Estate (@Brooklyn_Blocks) SALE PRICE: $6,100,000 UNITS: 15 ~ PPU: $406,666 SF: 15,000 ~ PPSF: $406 NOTE FROM SELLER'S REP: Reach out to [email protected] for more deals just like this!!

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Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$21,672.03
Cash-on-Cash Return-1.27%
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