Assets
Multifamily · Astoria (Queens), New York

Halletts Point

—, Astoria (Queens), New York
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Current value
$1.50B
▲ 0.0% 1-yr (modeled)
Value $/SF
$625
$1.21B$1.29B$1.37B$1.45B$1.53B2019202020212022202320242025
sourcedmodeled1 of 7 sourced

Ownership & debt

Ownership chain & debt stack
Owner of record: The Durst Organization.
2 recorded holders · 1 beneficial owner · chain resolves 2 levels, with each holder's interest percentage and class.
1 debt tranche on file — lender, principal, rate and maturity.
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Financials

Financial model
Effective gross income, operating expenses, DSCR, cash-on-cash, mark-to-market and replacement cost — the income side of the underwrite.
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Underwriting

Underwriting
Unlevered and levered IRR, equity multiple, exit math and a live sensitivity grid — built on the NOI, the debt stack and the rent roll above.
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Provenance footnotes

  1. Current value: Single source — Commercial Observer · https://commercialobserver.com/2025/02/durst-affinius-capital-hallets-point/ · observed 2025
  2. $/SF: Estimated — no sourced claim on file.
  3. GLA: Estimated — no sourced claim on file.
  4. Ownership — The Durst Organization: Single source — therealdeal.com · https://therealdeal.com/new-york/2025/02/13/durst-organization-sells-halletts-point-stake-to-affinius-capital/

Modeled figures — LTV, debt yield, DSCR, cash-on-cash, occupancy, WALT, tenant concentration are derived arithmetic, not sourced claims. Not investment advice.

Anchoring begins when the asset enters the live ledger.