Emanuel Neuman Acquires Single Family Property In Neponsit, Queens For $3M
166 Beach 148th Street, Queens, New York 11694, United States
$3,000,000
$914/SF
Building Size
3,280 SF
Asset Type
Single Family Residence
Closing
May 11, 2022
AI
The single-family property located at 166 Beach 148 Street in Neponsit, Queens has been sold for a price of $3,000,000. The property is zoned as R1-2 and has a building square footage (BSF) of 4,000. The price per BSF is $750. The property itself spans across 3,280 square feet and has a price per square foot (PPSF) of $914. The lot size is 8,000 square feet, with dimensions of 80 ft x 100 ft. The previous sale of this property took place on November 25, 2019, for a price of $1,670,000. An alteration permit was obtained on April 28, 2020. The property falls under tax class 1 and has a floor area ratio (FAR) of 0.41.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $3,000,000
- Address: 166 Beach 148 Street, Neponsit, Queens
- Market: Neponsit, Queens
- Zoning: R1-2
- BSF: 4,000
- PPBSF: $750
- SF: 3,280
- PPSF: $914
- Lot Size: 8,000
- Last Sale Price: $1,670,000 (11/25/2019)
- Permits: Alteration 2 (04/28/2020)
- Lot Dimension: 80 ft x 100 ft
The buyer of the property is Emanuel Neuman and the seller is Emily Cohen.
Players
New York Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · 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