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3543 South Harlem Avenue

Berwyn Multifamily Property Sold For $2.76M With Brokers Mariano Mollo, Brian Karmowski, Anthony Citriglia & Karla Galva
SOLDMultiFamily

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

Brian Karmowski

Essex Realty Group

Broker

$286M

vol

43 deals

Broker

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