facebook
Traded Co logo
Submit

Kingsland Properties Sells Bellerose SFR For $1.2M

Property Image
SOLD
$1,238,000
Sultan Rashid
Ali Rashid

New York

See Similar Deals
Single Family Residence2,000 SF
Sold 12/08/2021
the dealplayerscompscontact
Property Image
SOLD

Kingsland Properties Sells Bellerose SFR For $1.2M

80-41 242nd Street, Queens, New York 11362, United States

See Similar Deals
Single Family Residence2,000 SF
Sold 12/08/2021
Sultan Rashid
Ali Rashid
the dealplayerscompscontact
Contact now

Summary

NEW YORK
Asset Type:Single Family Residence
Price Per Square Foot:$619
Total Square Footage:2,000 SF
Transaction Type:Sale

The property involved in this transaction is a Single Family Residence (SFR) located at 80-41 242nd Street in Bellerose, Queens. The property spans approximately 2,000 square feet and was sold by Kingsland Properties, represented by Ali Rashid & Sultan Rashid. The sale took place on 12/08/2021.

Summary of transaction details:

  • Property Type: SFR
  • Transaction Amount: $1,238,000
  • Market: Bellerose, Queens
  • Seller: Kingsland Properties - Ali Rashid & Sultan Rashid

Ali Rashid from Kingsland Properties served as the broker for this transaction. The sale price of the property was $1,238,000, resulting in a price per square foot (PPSF) of $619.

Players

Ali Rashid
Kingsland Properties
Ali Rashid
8 deals$13.2M volume
SELLER
Sultan Rashid
Kingsland Properties
Sultan Rashid
7 deals$10.8M volume
SELLER

Details

SOLD
IMAGE: Ali Rashid & Sultan Rashid DATE: 12/08/2021 ADDRESS: 80-41 242nd Street MARKET: Bellerose, Queens ASSET TYPE: SFR SELLER: Kingsland Properties (@KingslandProperties) - Ali Rashid (@AliRashid86) & Sultan Rashid (@Sltn.Rshd) BROKER: Ali Rashid (@AliRashid86) - Kingsland Properties (@KingslandProperties) SALE PRICE: $1,238,000 SF: 2,000 ~ PPSF: $619

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$66,026.66

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$4,398.36
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,868.75
Annual Debt Service$70,425.02