Noorollah Asherian Acquires Other Property On Queens Boulevard For $5.9M
138-13 Queens Boulevard, Briarwood, NY, USA
$5,900,000
$663/SF
Building Size
8,890 SF
Asset Type
Other
Closing
Sep 25, 2019
AI
An other property located at 138-13 - 138-21 Queens Boulevard in Briarwood has been sold. The property consists of a five-tenant retail strip and was 100% occupied at the time of the sale. The transaction took place on September 26, 2019.
Summary of transaction details:
- Property Type: Other
- Sale Price: $5,900,000
- Square Feet: 8,890
- Price per Square Foot: $663
- Address: 138-13 - 138-21 Queens Boulevard, Briarwood
- Market: Briarwood
The seller of the property was Alexander Laszlo & Matilda Polanski, while the buyer was Noorollah Asherian. The transaction was facilitated by brokers Scott Plasky, Jake Kahn, and Billy Stephan.
Players
Jamaica Other Market Snapshot
Boundary boundary · Other · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.69%
Cash-on-Cash
-0.77%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93