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147-40 33rd Avenue

Heng Zheng Purchases SFR In Flushing From Carlos Mancheno For $1,010,000 With Jose Li As The Broker
SOLDSingle Family Residence

Heng Zheng Purchases SFR In Flushing From Carlos Mancheno For $1,010,000 With Jose Li As The Broker

147-40 33rd Avenue

$1,010,000

$806/SF

Building Size

1,252 SF

Asset Type

Single Family Residence

Closing

Jul 8, 2026

AI

The property asset involved in the transaction is a single-family residence located at 147-40 33rd Avenue in the Flushing market. The sale price of the property was $1,010,000, with a total square footage of 1,252 and a price per square foot of $806.

Summary of transaction details:

  • Property Type: SFR
  • Transaction Amount: $1,010,000
  • Buyer: Heng Zheng
  • Seller: Carlos Mancheno
  • Broker: Jose Li - Real Broker

This transaction marks the first of a two-transaction relocation, where broker Jose Li is assisting his client with both the sale of their Queens home and the subsequent purchase of their next home on Long Island. Jose Li provides full-service representation for clients involved in buying, selling, and relocating throughout New York City’s five boroughs and Long Island.

Players

Jose Li

Real Broker

Broker
Broker

Flushing 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

15.71%

Cash-on-Cash

-4.49%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93