Anwar Asgar And Thierry Braham Acquire Multifamily Property In Jamaica, Queens
90 36 144th Pl, Jamaica, Ny 11435, Usa
$1,400,000
$20/SF
Building Size
67,000 SF
Asset Type
MultiFamily
Closing
Jul 31, 2020
AI
Located at 9036 144th Place in Jamaica, Queens, this multifamily property was recently sold in a closed transaction. The property spans 6,700 square feet and has a building square footage (BSF) of 4,750. The sale price for this property was $1,400,000, leading to a price per square foot (PPSF) of $208. The price per BSF (PPBSF) comes out to be $294.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,400,000
- Address: 9036 144th Place, Jamaica, Queens
The buyers involved in this transaction are Anwar Asgar, Thierry Braham, and Martine Moses. The deal was facilitated by the brokers Matt Fotis, Zac Golub, and Laz Apostolidis from Marcus & Millichap.
Players
Jamaica MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
11.33%
Cash-on-Cash
-3.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93