Mohammed Abdul Hannan Purchases Office Building From Maria Baja For $1,375,000 In Woodside
67-21 Roosevelt Avenue
$1,375,000
$454/SF
Building Size
3,026 SF
Asset Type
Office
Closing
Jun 26, 2026
AI
The asset involved in this transaction is an office property located at 67-21 Roosevelt Avenue in the Woodside market. The property has a sale price of $1,375,000 and spans a total of 3,026 square feet, translating to a price per square foot of $454.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $1,375,000
- Square Footage: 3,026
- Price per Square Foot: $454
- Buyer: Mohammed Abdul Hannan
- Seller: Maria Baja
- Brokers: Stephen R. Preuss Sr., Kevin Louie, Andreas Efthymiou & Jack Rovner - Ripco
This transaction saw Mohammed Abdul Hannan acquiring the property from seller Maria Baja, with Ripco representing the interests of both parties through their brokers Stephen R. Preuss Sr., Kevin Louie, Andreas Efthymiou, and Jack Rovner.
Players
Woodside Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
11.54%
Cash-on-Cash
-3.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93