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
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