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91-27 71st Avenue, Queens, ...

David Yakubov Acquires SFR In Forest Hills From Public Administrator Of Queens County For $825K
SOLDSingle Family Residence

David Yakubov Acquires SFR In Forest Hills From Public Administrator Of Queens County For $825K

91-27 71st Avenue, Queens, New York 11375, United States

$825,000

$652/SF

Building Size

1,264 SF

Asset Type

Single Family Residence

Closing

May 4, 2022

AI

A single-family home located at 91-27 71st Ave in Forest Hills has recently been sold for $825,000. The property spans 1,264 square feet, resulting in a price per square foot of $652. The sale took place on May 5, 2022, and the buyer is David Yakubov, while the seller is the Public Administrator of Queens County. The transaction was facilitated by Mike Sezan from Asset CRG Advisors, who represented the seller in the deal.

Summary of transaction details

  • Property Type: Single-Family Home
  • Transaction Amount: $825,000
  • Date: May 5, 2022
  • Address: 91-27 71st Ave
  • Market: Forest Hills

Mike Sezan from Asset CRG Advisors played a crucial role in the sale of this property. Representing the Public Administrator of Queens County, Sezan exclusively helped facilitate the transaction. For more information or similar opportunities, interested parties can contact Mike Sezan at [email protected].

Players

Mike Sezan

Asset CRG Advisors

Broker

$117.6M

vol

17 deals

Broker
PC
Public Administrator of Queens CountySeller

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

19.23%

Cash-on-Cash

-5.50%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93