Berwyn Multifamily Property Sold For $2.76M With Brokers Mariano Mollo, Brian Karmowski, Anthony Citriglia & Karla Galva
3543 South Harlem Avenue, 6520 Windsor Avenue & 3225 Home Avenue
$2,760,000
$43/SF
Building Size
63,540 SF
Asset Type
MultiFamily
Closing
Jul 18, 2024
AI
The transaction involved a multifamily asset located at 3543 South Harlem Avenue, 6520 Windsor Avenue, and 3225 Home Avenue in the Berwyn market. The sale price was $2,760,000, encompassing 34 units with a price per unit of $81,176. The total square footage of the property is 21,180, resulting in a price per square foot of $130.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,760,000
- Units: 34
- PPU: $81,176
- SF: 21,180
- PPSF: $130
The brokers representing the transaction were Mariano Mollo, Brian Karmowski, Anthony Citriglia, and Karla Galva, all from Essex Realty Group.
Players
Berwyn 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
5.75%
Cash-on-Cash
-1.64%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93