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Submitted URL: http://email-links.crexi.com/ls/click?upn=wWW-2F8ApqeYXF1sztMCr45QoLrc19QLa7y04Fa6B6wLFCKy7yNvi5Q-2FxEfVzzmBRkao0ky4Y8oN7q6r4...
Effective URL: https://www.crexi.com/properties/750477?contactBroker=185992&utm_source=marketing-portal&utm_medium=email&utm_campaign...
Submission: On March 16 via api from CH — Scanned from DE
Effective URL: https://www.crexi.com/properties/750477?contactBroker=185992&utm_source=marketing-portal&utm_medium=email&utm_campaign...
Submission: On March 16 via api from CH — Scanned from DE
Form analysis
4 forms found in the DOM#
<form _ngcontent-serverapp-c42="" novalidate="" action="#" tabindex="-1" class="search-bar-form ng-untouched ng-pristine ng-valid" data-hs-cf-bound="true">
<div _ngcontent-serverapp-c42="" class="search-bar-container"><!---->
<div _ngcontent-serverapp-c42="" class="search-bar-input-wrapper">
<div _ngcontent-serverapp-c42="" class="search-bar-pills empty ng-star-inserted"><!----><!---->
<div _ngcontent-serverapp-c42="" class="search-bar-placeholder"><span _ngcontent-serverapp-c42="">Enter a location or keyword</span></div>
</div><input _ngcontent-serverapp-c42="" autocapitalize="none" autocomplete="off" itemprop="query-input" name="search_term_string" type="search" class="search-bar-input ng-untouched ng-pristine ng-valid ng-star-inserted"
placeholder="Enter a location or keyword">
<div _ngcontent-serverapp-c42="" class="search-bar-reset-button-container ng-star-inserted"><!----></div><!----><!----><!----><!---->
</div><!----><!---->
</div><button _ngcontent-serverapp-c42="" title="Search" type="button" class="search-bar-search-button">
<div _ngcontent-serverapp-c42="" class="search-text">Search</div><span _ngcontent-serverapp-c42="" class="icon fal fa-search"></span>
</button>
</form>
<form _ngcontent-serverapp-c399="" novalidate="" id="request-info-form" class="ng-untouched ng-pristine ng-invalid" data-hs-cf-bound="true"><!----></form>
<form _ngcontent-serverapp-c434="" novalidate="" class="ng-untouched ng-pristine ng-valid" data-hs-cf-bound="true">
<div _ngcontent-serverapp-c434="" class="valuation-calculator">
<div _ngcontent-serverapp-c434="" class="valuation-calculator-inputs">
<div _ngcontent-serverapp-c434="">
<div _ngcontent-serverapp-c434="" class="valuation-calculator-inputs__group group--no-top-margin">
<div _ngcontent-serverapp-c434="" class="form-group"><label _ngcontent-serverapp-c434="" class="valuation-calculator-input__label">Purchase Price</label><input _ngcontent-serverapp-c434="" crxcurrency="" formcontrolname="purchasePrice"
placeholder="Enter Purchase Price" class="form-control ng-untouched ng-pristine ng-valid"></div>
<div _ngcontent-serverapp-c434="" class="form-group"><label _ngcontent-serverapp-c434="" class="valuation-calculator-input__label">Net Operating Income</label><input _ngcontent-serverapp-c434="" crxcurrency="" formcontrolname="noi"
placeholder="Enter NOI" class="form-control ng-untouched ng-pristine ng-valid"></div>
</div><!---->
</div>
<div _ngcontent-serverapp-c434="" class="form-group"><label _ngcontent-serverapp-c434="" class="valuation-calculator-input__label">Down Payment</label>
<div _ngcontent-serverapp-c434="" class="valuation-calculator__down-payment"><input _ngcontent-serverapp-c434="" crxcurrency="" formcontrolname="downPaymentValue" placeholder="Enter Down Payment"
class="form-control ng-untouched ng-pristine ng-valid"><input _ngcontent-serverapp-c434="" crxpercent="" formcontrolname="downPaymentPercentage" placeholder="--%" readonly="readonly" class="form-control ng-untouched ng-pristine ng-valid">
</div><!----><mat-slider _ngcontent-serverapp-c434="" role="slider" formcontrolname="downPaymentPercentage" max="100" min="0" step="5" class="mat-slider mat-focus-indicator mat-accent mat-slider-horizontal ng-untouched ng-pristine ng-valid"
tabindex="0" aria-disabled="false" aria-valuemax="100" aria-valuemin="0" aria-valuenow="50" aria-valuetext="50" aria-orientation="horizontal">
<div class="mat-slider-wrapper">
<div class="mat-slider-track-wrapper">
<div class="mat-slider-track-background" style="transform: translateX(0px) scale3d(0.5, 1, 1);"></div>
<div class="mat-slider-track-fill" style="transform: translateX(0px) scale3d(0.5, 1, 1);"></div>
</div>
<div class="mat-slider-ticks-container" style="transform: translateX(0%);">
<div class="mat-slider-ticks" style="background-size: 0% 2px; transform: translateZ(0px) translateX(0%);"></div>
</div>
<div class="mat-slider-thumb-container" style="transform: translateX(-50%);">
<div class="mat-slider-focus-ring"></div>
<div class="mat-slider-thumb"></div>
<div class="mat-slider-thumb-label"><span class="mat-slider-thumb-label-text">50</span></div>
</div>
</div>
</mat-slider>
</div>
<div _ngcontent-serverapp-c434="" class="valuation-calculator-inputs__group">
<div _ngcontent-serverapp-c434="" class="form-group"><label _ngcontent-serverapp-c434="" class="valuation-calculator-input__label">Interest Rate</label><input _ngcontent-serverapp-c434="" crxpercent="" formcontrolname="interestRate"
placeholder="Enter Interest Rate" class="form-control ng-untouched ng-pristine ng-valid"></div>
<div _ngcontent-serverapp-c434="" class="form-group"><label _ngcontent-serverapp-c434="" class="valuation-calculator-input__label">Term (years)</label><input _ngcontent-serverapp-c434="" crxnumberonly="" formcontrolname="term"
placeholder="Enter Term" class="form-control ng-untouched ng-pristine ng-valid"></div>
</div><!----><!----><!---->
</div>
<div _ngcontent-serverapp-c434="" class="valuation-calculator-results">
<div _ngcontent-serverapp-c434="" class="valuation-calculator-results__group">
<div _ngcontent-serverapp-c434=""> Loan Amount <div _ngcontent-serverapp-c434="" mattooltip="The Loan Amount is your Purchase Price minus the Down Payment." class="mat-tooltip-trigger info-tooltip" aria-describedby="cdk-describedby-message-0"
cdk-describedby-host=""></div><!----></div>
<h1 _ngcontent-serverapp-c434="">$2,475,000</h1>
</div>
<div _ngcontent-serverapp-c434="" class="valuation-calculator-results__group group--annual-debt">
<div _ngcontent-serverapp-c434=""> Annual Debt Service <div _ngcontent-serverapp-c434="" mattooltip="Debt Service is the cash required to pay back the principal and interest of outstanding debt" class="mat-tooltip-trigger info-tooltip"
aria-describedby="cdk-describedby-message-1" cdk-describedby-host=""></div><!----></div>
<h2 _ngcontent-serverapp-c434="">$133,366.27</h2>
<h4 _ngcontent-serverapp-c434=""> $11,113.86 /mo </h4>
</div>
<div _ngcontent-serverapp-c434="" class="valuation-calculator-results__group">
<div _ngcontent-serverapp-c434=""> Annual Cash Flow <div _ngcontent-serverapp-c434="" mattooltip="Your Cash Flow is the Net Operating Income (NOI) minus the Debt Service." class="mat-tooltip-trigger info-tooltip"
aria-describedby="cdk-describedby-message-2" cdk-describedby-host=""></div><!----></div>
<h2 _ngcontent-serverapp-c434="">$-110,206.27</h2>
<h4 _ngcontent-serverapp-c434=""> $-9,183.86 /mo </h4>
</div>
</div>
</div>
</form>
<form _ngcontent-serverapp-c369="" novalidate="" class="ng-untouched ng-pristine ng-invalid" data-hs-cf-bound="true">
<div _ngcontent-serverapp-c369="" class="two"><label _ngcontent-serverapp-c369="">First Name <input _ngcontent-serverapp-c369="" formcontrolname="firstName" name="firstName" type="text" required=""
class="form-control ng-untouched ng-pristine ng-invalid"><span _ngcontent-serverapp-c369="" class="validation ng-star-inserted">Please enter your first name</span><!----><!----><crx-server-error-messages _ngcontent-serverapp-c369=""
_nghost-serverapp-c219=""><!----></crx-server-error-messages></label><label _ngcontent-serverapp-c369="">Last Name <input _ngcontent-serverapp-c369="" formcontrolname="lastName" name="lastName" type="text" required=""
class="form-control ng-untouched ng-pristine ng-invalid"><span _ngcontent-serverapp-c369="" class="validation ng-star-inserted">Please enter your last name</span><!----><!----><crx-server-error-messages _ngcontent-serverapp-c369=""
_nghost-serverapp-c219=""><!----></crx-server-error-messages></label></div>
<div _ngcontent-serverapp-c369="" class="one"><label _ngcontent-serverapp-c369="">Email <input _ngcontent-serverapp-c369="" formcontrolname="email" name="email" type="email" required="" class="form-control ng-untouched ng-pristine ng-invalid"><span
_ngcontent-serverapp-c369="" class="validation ng-star-inserted">Please enter your email address</span><!----><!----><!----><!----><crx-server-error-messages _ngcontent-serverapp-c369=""
_nghost-serverapp-c219=""><!----></crx-server-error-messages></label></div>
<div _ngcontent-serverapp-c369="" class="one"><label _ngcontent-serverapp-c369="">Password <input _ngcontent-serverapp-c369="" formcontrolname="password" name="password" type="password" crxshowpassword="" required=""
class="form-control ng-untouched ng-pristine ng-invalid"><span _ngcontent-serverapp-c369="" class="min-password">Min 6 characters</span><span _ngcontent-serverapp-c369="" class="validation ng-star-inserted">Please enter a
password</span><!----><!----><crx-server-error-messages _ngcontent-serverapp-c369="" _nghost-serverapp-c219=""><!----></crx-server-error-messages></label></div><crx-sign-up-industry-role _ngcontent-serverapp-c369="" _nghost-serverapp-c288="">
<div _ngcontent-serverapp-c288="" class="ng-untouched ng-pristine ng-invalid ng-star-inserted">
<div _ngcontent-serverapp-c288="" class="one"><label _ngcontent-serverapp-c288="">Industry Role</label><label _ngcontent-serverapp-c288="" class="select"><ng-select _ngcontent-serverapp-c288="" role="listbox" bindlabel="option"
bindvalue="option" crxdomquery="" formcontrolname="role" groupby="type" name="ngSelectRoleIds" placeholder="Select Your Role"
class="form-control single-select ng-select ng-select-single ng-select-clearable ng-untouched ng-pristine ng-invalid">
<div class="ng-select-container">
<div class="ng-value-container">
<div class="ng-placeholder">Select Your Role</div><!----><!---->
<div class="ng-input"><input role="combobox" type="text" autocorrect="off" autocapitalize="off" autocomplete="a193d4b7730c" readonly="" aria-expanded="false"></div>
</div><!----><!----><span class="ng-arrow-wrapper"><span class="ng-arrow"></span></span>
</div><!---->
</ng-select><span _ngcontent-serverapp-c288="" class="select-caret"></span><span _ngcontent-serverapp-c288="" class="validation ng-star-inserted">Please select your industry role</span><!----><crx-server-error-messages
_ngcontent-serverapp-c288="" _nghost-serverapp-c219=""><!----></crx-server-error-messages></label></div><!----><!---->
</div><!---->
</crx-sign-up-industry-role>
<div _ngcontent-serverapp-c369="" class="one ng-star-inserted"><label _ngcontent-serverapp-c369="">Phone Number <input _ngcontent-serverapp-c369="" formcontrolname="phone" name="phone" type="tel"
class="form-control ng-untouched ng-pristine ng-valid"><!----><!----><crx-server-error-messages _ngcontent-serverapp-c369="" _nghost-serverapp-c219=""><!----></crx-server-error-messages></label></div><!----><button
_ngcontent-serverapp-c369="" type="submit" class="button-signup full-width">Sign Up</button>
</form>
Text Content
crexi For Sale Enter a location or keyword Search For Sale SEARCH All Properties for SaleAuctionsNewest Listings PRODUCTS Broker PlansAuction PlatformFind a Broker Add Listings For Sale For Lease SEARCH All Spaces for LeaseNewest Listings PRODUCTS Broker Plans Add Listings For Lease Auctions SEARCH All AuctionsEnding Soonest PRODUCTS Auction Platform CompsResearch PRODUCTS BlogData Center Add ListingsSaved Sign Up or Log In 1. For Sale 2. Multifamily 3. NY 4. Jamaica 5. 170-14 89th Avenue Request Info Street View Map View Gallery 23 170-14 89TH AVENUE Multifamily | 4.75% CAP | 10 Units Download OM Flyer Submit LOI LISTING CONTACTS * Paul Moulins Pro License: NY 10301216988 Phone Number: Sign Up or Log In to see phone number View my profile * Domenick Canale License: NY10301210164 Phone Number: Sign Up or Log In to see phone number View my profile ACTIVE Asking Price: $4,950,000 Learn more * Property * DUE DILIGENCE Address 170-14 89TH AVE, JAMAICA, NY 11432 Show on Map Date Added Jan 28, 2022 Days on Market 47 days Time Since Last Update 36 days DETAILS Property TypeMultifamily SubtypeApartment Building Square Footage11,145 Cap Rate4.75% NOI$23,160 Units10 Year Built2020 Buildings1 Stories5 ZoningR6A MARKETING DESCRIPTION A BRAND NEW 5 floor elevator apartment building located in Jamaica, Queens. This gorgeous 10 unit apartment building has spacious balconies & terraces, plus a rooftop deck. Striking layouts, modern new appliances, and all units are equipped with a washer and dryer. This property is conveniently located near the E & F Train, and bus line. INVESTMENT HIGHLIGHTS * Recently Built * High Ceilings * Basement * Washer/Dryer * Balcony * Rooftop Deck * Modern New Appliances VALUATION CALCULATOR Purchase Price Net Operating Income Down Payment 50 Interest Rate Term (years) Loan Amount $2,475,000 Annual Debt Service $133,366.27 $11,113.86 /MO Annual Cash Flow $-110,206.27 $-9,183.86 /MO VALUATION METRICS LOGIN OR SIGN UP TO SEE VALUATION METRICS SIGN UP FOR CREXI TO SEE VALUATION METRICS FOR THIS PROPERTY Sign Up 0.17 DSCR 0.47 % Cap Rate -4.45 % ROI HISTORY Property HistoryTax History Sign up for free see latest event histories and their corresponding dates. Sign Up or Log In Date Event Document Price Price/SF Sold By Sold To SIMILAR PROPERTIESSEE MORE $1,200,000 RIDGEWOOD MULTIFAMILY | QUEENS Multifamily • 6 Units • $200,000/unit 18-71 Madison St Queens, NY 11385 View Flyer $11,350,000 104-106 Clifton Place Multifamily • 8 Units 104-106 Clifton Pl Brooklyn, NY 11238 View Flyer $3,580,000 Brand new 8 units apartment building in Fresh Meadows Multifamily • 8 Units • $447,500/unit 161-09 72nd Ave Queens, NY 11365 View OM $2,900,000 230 East 196th Street Multifamily • 13 Units • $223,077/unit 230 E 196th St Bronx, NY 10458 View OM $3,200,000 338-342 Simpson Place 8 Unit Residential Building In Super Hot Peekskill !! 338 Simpson Pl Peekskill, NY 10566 View Flyer virtual tour $2,850,000 ADAM CLAYTON Multifamily • 4 Units • $712,500/unit 2289 Adam Clayton Powell Jr Blvd New York, NY 10030 Manhattan Dwelling • 10 East 39 Street, NY, NY View Flyer Manhattan Dwelling Corp $4,250,000 Corona A Multifamily • 4.59% CAP 104-24 and 28 Corona Ave. Queens, NY 11368 View OM AO Realty virtual tour $4,600,000 264 Malcolm X Blvd Multifamily • 8 Units • $575,000/unit 264 Malcolm X Blvd Brooklyn, NY 11233 View Flyer Alexander Rebic $275,888 700 Brook Avenue Multifamily 700 Brook Avenue 4A Woodstock, NY 10455 View Flyer Opportunity Zone $3,999,000 19 Coop Apartments Multifamily 2 LOCATIONS View Flyer Unpriced 362 Parkside Avenue Multifamily 362 Parkside Ave Brooklyn, NY 11226 View Flyer See more properties for sale in Jamaica See More Find relevant comps for this listing Find comps by clicking below Find Comps INSIGHTS BY CREXI INTELLIGENCE Sign In to View 1 mile 3 miles 5 miles Current Demographics Sign In To View Population 603k 2% Compared to 475k in 2016 1% Compared to 600k in 2019 2016 2016 2017 2017 2018 2018 2019 2019 2020 2020 0 0 200k 200k 400k 400k 600k 600k Sign In To View Household Income $2,778 Median Income $24.7k 2025 Estimate 3% Growth Rate Under $25k Under $25k $25k-$50k $25k-$50k $50k-$100k $50k-$100k $100k-$150k $100k-$150k Over $150k Over $150k Sign In To View Age Demographics 59 Median Age 34 2025 Estimate 0% Growth Rate Under 18 Under 18 18-24 18-24 25-44 25-44 45-64 45-64 Over 64 Over 64 Sign In To View Number of Employees 40.9k Top 5 Employment Categories Production Management Food Prep & Service Sales & Related Office & Administrative Support Sign In To View Housing Occupancy Ratio 8:1 7:1 predicted by 2025 Occupied Vacant Sign In To View Renter to Homeowner Ratio 9:1 6:1 predicted by 2025 Renters Homeowner Is there information that looks off? Report HomeAdd ListingAbout UsBlogPressHelpCareers © 2022 Commercial Real Estate Exchange, Inc. All Rights Reserved. Terms & ConditionsPrivacy PolicySite Map Contact Broker/Agent Log In CREATE A FREE ACCOUNT TO CONTACT BROKER/AGENT. First Name Please enter your first nameLast Name Please enter your last name Email Please enter your email address Password Min 6 charactersPlease enter a password Industry Role Select Your Role Please select your industry role Phone Number Sign Up Cancel By signing up, I accept Crexi's Terms and Conditions and Privacy Policy or, continue with The Loan Amount is your Purchase Price minus the Down Payment. Debt Service is the cash required to pay back the principal and interest of outstanding debt Your Cash Flow is the Net Operating Income (NOI) minus the Debt Service. Debt Service Coverage Ratio (DSCR) is a measure of the cash flow available to pay Capitalization Rate (Cap Rate) is calculated by dividing a property's Net Operating Income by the Your Return on Investment or cash-on-cash return measures the amount of cash flow relative to the