Kash Realty Acquires SFR In New York City For $568K With Coldwell Banker & United Realty Group
78-13 79th St Queens, NY 11385, USA
$568,000
$442/SF
Building Size
1,284 SF
Asset Type
Single Family Residence
Closing
Apr 26, 2023
AI
Kash Realty, represented by Max Kashani and Neda Kashani, has purchased a single-family home located at 78-13 79th Street in New York City. The property, boasting a total area of 1,284 square feet, was sold for $568,000, resulting in a price per square foot of $442.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $568,000
- Address: 78-13 79th Street
- Market: New York City
The buyer's representatives in this transaction were Joel Goodrich from Coldwell Banker and Joe Marinari from United Realty Group.
As per the note provided by the buyer, Kash Realty is actively looking to purchase distressed single to four-family homes in Bronx, Queens, Westchester, and Long Island. They also express interest in acquiring free-market multifamily properties with 10-100 units in New York (Westchester, Upstate), New Jersey, and Connecticut. In addition, interested parties are invited to contact Mazyar Kashani at (516) 317-0941 or Neda Kashani at (516) 423-1633, or email [email protected].
Players
New York Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
27.93%
Cash-on-Cash
-7.98%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93