facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Retail

/

Sale

/

92-15 149th St, Jamaica, NY...

Goldenberg Family Acquires 2,800 SF Retail Space In Downtown Jamaica For $1.425M
SOLDRetail

Goldenberg Family Acquires 2,800 SF Retail Space In Downtown Jamaica For $1.425M

92-15 149th St, Jamaica, NY 11435, USA

Building Size

28,000 SF

Asset Type

Retail

Closing

May 31, 2018

AI

The retail property located at 149-15 Jamaica Avenue in New York has been sold in a closed transaction. The property measures 2,800 square feet and was sold for a price of $1,425,000, resulting in a price per square foot of $509. The property is situated in Downtown Jamaica, which adds to its appeal in the market.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $1,425,000
  • Square Footage: 2,800 sf
  • Price per Square Foot: $509
  • Address: 149-15 Jamaica Avenue, New York
  • Market: Downtown Jamaica

The seller of the property was Mazol Fuzaylov, while the buyer was the Goldenberg Family. The transaction was facilitated by Daniel Abbondandolo, a representative from @CushWake. The involvement of these individuals and companies adds significance to the deal.

Players

Daniel Abbondandolo

Cushman & Wakefield

Broker

$520.1M

vol

86 deals

Broker

Goldenberg Family

Buyer

$4.9M

vol

2 deals

Buyer

New York Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93