Shalev Shoshani Acquires 4 Retail Stores In Queens For $1.6M
92-36 Guy R Brewer Blvd, Jamaica, NY 11433, USA
Building Size
36,063 SF
Asset Type
Retail
Closing
Jan 11, 2018
AI
Located at 9236-9238 Guy R Brewer Blvd. in Jamaica, New York, this property consists of 4 existing retail stores. The total building area is 36,063 square feet, and the price for this transaction was $1,600,000, resulting in a price per square foot of $44.
Summary of transaction details
- Property Type: Existing 4 retail stores
- Transaction Amount: $1,600,000
- Address: 9236-9238 Guy R Brewer Blvd., Jamaica, New York
- Market: Queens
The seller, Choi Moo, sold this property to the buyer, Shalev Shoshani. The deal was facilitated by Rubin Isak and Ryan Kossoy of Eastern Consolidated.
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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93