Updated Sep 5, 2024
Hardeep Kaur & Gagandeep Singh Acquire Package Deal In Hicksville For $2.5M
55 North Broadway & 15 Notre Dame Avenue
$2,500,000
$87/SF
Building Size
14,310 SF
Asset Type
Package Deal
Closing
Mar 21, 2023
About this deal
AI
A package deal consisting of two properties located at 55-61 North Broadway and 15 Notre Dame Avenue in Hicksville has been sold for $2,500,000. The total square footage of the properties is 14,310, resulting in a price per square foot of $175. The buyer, Hardeep Kaur and Gagandeep Singh, acquired the properties from the seller, Julie Chang.
Summary of transaction details
- Property Type: Package Deal
- Transaction Amount: $2,500,000
- Address: 55-61 North Broadway & 15 Notre Dame Avenue, Hicksville
- Market: Hicksville
- Buyer: Hardeep Kaur & Gagandeep Singh
- Seller: Julie Chang
Aaron Birns, Andy Chen, and Jay Li from B6 Real Estate Advisors represented both the buyer and the seller in this transaction.
On the Map
$2,500,000
$87/SF
Package Deal
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Market 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
6.35%
Cash-on-Cash
-1.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93