Dr. Matthew Werth Acquires Office At 23-23 30th Road In Astoria For $1.009M
SOLD
$1,009,000
+ 2
New York
See Similar DealsOffice5,259 SF
Sold
SOLD
Dr. Matthew Werth Acquires Office At 23-23 30th Road In Astoria For $1.009M
23 23 30th Road
See Similar DealsOffice5,259 SF
Sold
+ 2
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$191
Total Square Footage:5,259 SF
Transaction Type:Sale
The property involved in this transaction is an office asset located at 23-23 30th Road in Astoria. The sale price was $1,009,000, with a total square footage of 5,259, resulting in a price per square foot of $191.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $1,009,000
- Address: 23-23 30th Road
- Market: Astoria
- Square Footage: 5,259
- Price Per Square Foot: $191
- Buyer: Dr. Matthew Werth
- Seller: Eric Belanich
- Buyer's Representative: Seth Kessler & Ananda M. Gellock - Real New York
- Seller's Representative: Luca DiCiero & Faisal Gilani - NY Space Finders
Dr. Matthew Werth was the buyer in this transaction, while Eric Belanich acted as the seller. The representatives for the buyer were Seth Kessler and Ananda M. Gellock from Real New York. The transaction also involved Luca DiCiero and Faisal Gilani representing the seller from NY Space Finders.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$53,813.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,584.77
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,783.17
Annual Debt Service$57,398.10
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