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
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