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
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