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122 16 85th Avenue

Jonathan Aronov Acquires Package Deal From Livian Family In Queens For $1.98M
SOLDPackage Deal

Jonathan Aronov Acquires Package Deal From Livian Family In Queens For $1.98M

122 16 85th Avenue & 82 04 Brevoort Street

$1,980,000

$278/SF

Building Size

7,100 SF

Asset Type

Package Deal

Closing

Sep 17, 2025

AI

This transaction involves a package deal consisting of properties located at 122-16 85th Avenue & 82-04 Brevoort Street, situated in the Queens market. The sale price for this deal was $1,980,000, encompassing a total square footage of 7,100, which translates to a price per square foot of $278.

Summary of transaction details:

  • Property Type: Package Deal
  • Transaction Amount: $1,980,000
  • Square Footage: 7,100
  • Address: 122-16 85th Avenue & 82-04 Brevoort Street
  • Market: Queens
  • Buyer: Jonathan Aronov
  • Seller: Livian Family
  • Price Per Square Foot: $278

Jonathan Aronov represented the buyer in this transaction, while the seller was represented by the Livian Family. Additionally, the buyer has expressed interest in acquiring further retail, multifamily, and development sites across the five boroughs, providing a contact number of 347-981-5571 and an email address of [email protected] for inquiries or opportunities.

Players

Jonathan Aronov

Buyer

$6.4M

vol

4 deals

Buyer

Kew Gardens Package Deal Market Snapshot

Boundary boundary · Package Deal · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

8.01%

Cash-on-Cash

-2.29%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93