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36 Queens Realty LLC Acquires Retail Property From Chansik Cho In Sunnyside For $3.9M
SOLD
$3,900,000
New York
See Similar DealsRetail10,000 SF
Sold
SOLD
36 Queens Realty LLC Acquires Retail Property From Chansik Cho In Sunnyside For $3.9M
43-31 36th Street
See Similar DealsRetail10,000 SF
Sold
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$390
Total Square Footage:10000 SF
Transaction Type:Sale
36 Queens Realty LLC acquired a 10,000 sq ft retail property at 43-31 36th Street in Sunnyside, Queens for $3.9 million ($390 PSF) on February 25, 2026, from Chansik Cho.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,900,000
- Sale Date: 02/25/2026
- Buyer: 36 Queens Realty LLC
- Seller: Chansik Cho
- Market: Sunnyside, Queens
- Square Footage: 10,000
- Price Per Square Foot: $390
The transaction reflects strong retail market activity in the area, indicating the potential for future growth and development. Chansik Cho was the seller in this deal, highlighting the ongoing changes in property ownership within this locality.
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$208,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$13,855.87
Cash-on-Cash Return-1.27%
Monthly Debt Service$18,487.99
Annual Debt Service$221,855.88
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