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
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