Multifamily · Long Island City (Queens), New York
Sven
—, Long Island City (Queens), New York
Verified
sourcedmodeled1 of 6 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.
Financials
Financial model
Effective gross income, operating expenses, DSCR, cash-on-cash, mark-to-market and replacement cost — the income side of the underwrite.
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.
Provenance footnotes
- Current value: Single source — Commercial Observer · https://commercialobserver.com/2024/09/durst-105m-affinius-long-island-city-resi-tower/ · observed 2024
- Ownership — The Durst Organization: Single source — durst.org · https://www.durst.org/properties/Sven
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.