Junehyung Kil Acquires $11.3M Office Building In Auberndale, Queens
193-02 Northern Boulevard, Auberndale, Queens, NY 11358, USA
$11,275,000
$576/SF
Building Size
19,549 SF
Asset Type
Office
Closing
Mar 2, 2023
About this deal
AI
The office property located at 193-02 Northern Boulevard in Auberndale, Queens has been sold for $11,275,000. The property spans 19,549 square feet, resulting in a price per square foot of $576.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $11,275,000
- Address: 193-02 Northern Boulevard
- Market: Auberndale, Queens
The buyer of the property is Junehyung Kil, while the sellers are Silvester C. Mazzilli & Frank Mazzilli.
The office sale at 193-02 Northern Boulevard, Auberndale, Queens, NY 11358, USA in Flushing, New York sold for $11.3M in 2023. The building is 19,549 square feet, implying about 576 per square foot on the published price. This page is the Flushing, New York file for the 193-02 Northern Boulevard, Auberndale, Queens, NY 11358, USA office sold: pricing, party profiles, and other closed office comps from the same Flushing sit in the Market section below. Filter that Flushing office set by closing date to see what else sold near 193-02 Northern Boulevard, Auberndale, Queens, NY 11358, USA around 2023. Published consideration for 193-02 Northern Boulevard, Auberndale, Queens, NY 11358, USA is $11.3M, dated 2023. Cite this Junehyung Kil Acquires $11.3M Office Building In Auberndale, Queens sale when underwriting similar office product around Flushing, New York.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.41%
Cash-on-Cash
-0.40%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93