Shek Islam & MD Islam Acquire Multifamily Properties In Hollis For $1.825M With Broker Nadine Morency-Mohs
195-11 Woodhull Avenue & 195-15 Woodhull Avenue
$1,825,000
$536/SF
Building Size
3,400 SF
Asset Type
MultiFamily
Closing
Mar 8, 2026
AI
The transaction involved a multifamily property located at 195-11 Woodhull Avenue and 195-15 Woodhull Avenue in the Hollis market, which was sold for a total price of $1,825,000. The property comprises 1,700 square feet and consists of 2 units, with a price per unit of $912,500 and a price per square foot of $1,073.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,825,000
- Address: 195-11 Woodhull Avenue & 195-15 Woodhull Avenue
- Market: Hollis
- Units: 2
- Price Per Unit: $912,500
- Square Footage: 1,700
- Price Per Square Foot: $1,073
- Buyer: Shek Islam & MD Islam
- Seller: Lloyd Campbell
- Broker: Nadine Morency-Mohs
Nadine Morency-Mohs represented the seller in this transaction, where the properties were sold to two separate buyers. The property at 195-11 Woodhull Avenue was sold for $910,000, while 195-15 Woodhull Avenue was sold for $915,000.
Players
Hollis MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
8.69%
Cash-on-Cash
-2.48%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93