Updated Oct 29, 2024
FCA Acquires Property At 2025 Menahan St In Ridgewood For $1.18M With Greg Rhodes As The Broker
2025 Menahan St, Queens, NY, 11385
$1,180,000
Building Size
—
Asset Type
Single Family
Closing
Nov 20, 2023
About this deal
AI
The property located at 2025 Menahan St, Queens, NY, 11385, falls within the Ridgewood market. The transaction concluded at a price of $1,180,000.00. The total square footage for this deal is 0.
Summary of transaction details:
- Property Type: Sale
- Transaction Amount: $1,180,000.00
- Address: 2025 Menahan St, Queens, NY, 11385
- Market: Ridgewood
- Buyer: FCA
- Seller: FCA
- Broker: Greg Rhodes - Bestreich Realty Group
Greg Rhodes from Bestreich Realty Group represented the buyer, FCA, in this transaction, which also involved FCA as the seller, indicating an internal deal. This highlights an exclusive transaction scenario, eliminating third-party involvement in the negotiations.
On the Map
$1,180,000
Single Family
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Players
Ridgewood Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
13.44%
Cash-on-Cash
-3.84%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93