June & Youn Realty Corp. Acquires Retail Property In Bayside, Queens For $12M
SOLD
New York
See Similar DealsRetail59,000 SF
Sold 03/29/2018
SOLD
June & Youn Realty Corp. Acquires Retail Property In Bayside, Queens For $12M
203-15 Northern Boulevard
See Similar DealsRetail59,000 SF
Sold 03/29/2018
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:59,000 SF
Transaction Type:Sale
The property located at 203-15 Northern Boulevard in Bayside, Queens, New York, was recently sold in a closed transaction. The retail asset spans across 5,900 square feet and was sold for a price of $12,000,000, resulting in a price per square foot of $2,034.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $12,000,000
- Square Footage: 5,900 sf
- Price per Square Foot: $2,034
- Address: 203-15 Northern Boulevard, Bayside, Queens, New York
In this transaction, the seller was the Evelyn di Benedetto Family Partnership, while the buyer was June & Youn Realty Corp. It is important to note that the lease for McDonald's, present within the property, is set to expire in 10 years.
Details
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Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
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Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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