Leah Rambo Acquires Retail Property In Jamaica, Queens For $3.75M
139th Street, Queens, New York 11436, United States
$3,750,000
$568/SF
Building Size
6,601 SF
Asset Type
Retail
Closing
Mar 30, 2022
About this deal
AI
The property at 138-62 139th Street in Jamaica, Queens has been sold in a closed transaction. The retail asset is situated on a lot size of 1,788 square feet, with a lot dimension measuring 123 feet by 95.83 feet. The zoning for the property includes R6A, R5, and C2-4. The transaction took place on March 31, 2022.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $3,750,000
- Building Square Footage: 6,601
- Price per Square Foot: $568
- Building Square Footage per Sale Price: $106
- FAR: 0.56
- Tax Class: 4
- Permits: Alteration 2 (06/19/2015)
The buyer in this transaction is Leah Rambo, while Lyudmila Koyenova is identified as the seller. The property was purchased at a price of $3,750,000, with a building square footage of 6,601 and a price per square foot of $568. The price per square foot stands at $106. The property's FAR is 0.56, and it falls under tax class 4. It is worth noting that there was an alteration permit obtained on June 19, 2015.
Players
New York Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.23%
Cash-on-Cash
-1.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93