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TRADED: Uhab Housing Development Fund Corporation and others buy 2259 Dix Avenue from Cobb Realty LLC and others

Address: 2259 Dix Avenue
Location: Far Rockaway, Queens
Building type: Elevator Apartment, Fireproof Without Stores
Price: $22,000,000
Square footage: 14,554 sf
Seller: Cobb Realty LLC and others.
Buyer: Uhab Housing Development Fund Corporation and others
Deal date: 12/14/2017

2259 DIX AVE, 11691 (Far Rockaway)
multiple Block-15661 Lot-31; 15661-41; 15661-45; 15661-49; 15661-55
building class:4D3-Elevator Apt; Fireproof Without Stores

Transfer Tax: $88,000.00 Sales Price: $22,000,000 (Prior Sales Price: $8,777,730; Date: 01-30-14)
CRFN: 2017000457847 Sale Date: 12-06-17 Recorded: 12-14-17
Loan: $23,350,000 Lender: NYC DISTRESSED MULTIFAMILY HOUSING FUND II LP addr:10 SOUTH RIVERSIDE PLAZA SUITE 1700
CHICAGO IL 60606
Property Values Assessed Taxable Market Tax Basis
Land $65,700 $2,559 $174,000 Final 16-17
Total $435,240 $2,559 $1,056,000

Estimated Property Tax Prior To Transfer: $329 Tax Class: 2
Lot Size: 120x96I; 10,871 sq ft, Building Size: 52×78; 14,554 sq ft 4 stories, 17 units, built 1998 section 421a property
Additional 2251 DIX AVE (15661-41) 4 sty, Elevator Apt; Fireproof Without Stores, Lot Size: 34x240I, Building Size: 21070
Properties 2245 DIX AVE (15661-45) 3.5 sty, Elevator Apt; Semi-fireproof Without Stores, Lot Size: 78x240I, Building Size: 21070
2237 DIX AVE (15661-49) 3.5 sty, Elevator Apt; Semi-fireproof Without Stores, Lot Size: 78x216I, Building Size: 21070

Buyer:
UHAB HOUSING DEVELOPMENT FUND CORPORATION and others
20TH FLOOR
120 WALL STREET
New York, NY 10005

Seller:
COBB REALTY LLC and others
619 EASTERN PARKWAY
Brooklyn, NY 11213