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65-75 Woodhaven Boulevard

Yan Moshe Acquires Retail Property In Queens For $3M
SOLDRetail

Yan Moshe Acquires Retail Property In Queens For $3M

65-75 Woodhaven Boulevard

$3,000,000

$281/SF

Building Size

10,651 SF

Asset Type

Retail

Closing

Jan 11, 2022

AI

A retail property located at 65-75 Woodhaven Blvd. in Queens has been sold for $3,000,000. The property spans 10,651 square feet, resulting in a price per square foot of $281. The sale took place on January 11, 2022, and the buyer was Yan Moshe. Tom Henry served as the seller, and the deal was facilitated by Yosef Zavulunov from Even Funding LLC.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $3,000,000
  • Address: 65-75 Woodhaven Blvd., Queens
  • Market: Queens
  • Square Footage: 10,651
  • Price per Square Foot: $281

Yosef Zavulunov from Even Funding LLC played the role of the broker in this transaction, representing Yan Moshe as the buyer. The sale of this retail property showcases an important deal in the Queens market.

Players

Yosef Zavulunov

Broker

$30.3M

vol

2 deals

Broker

Yan Moshe

Buyer

$63M

vol

2 deals

Buyer

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

5.29%

Cash-on-Cash

-1.51%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93