Carlos Ramos Sells Package Deal In Mott Haven For $5.9M With Lev Mavashev & Yehuda Leser - Alpha Realty
214 St Anns Ave & 575 E 137th St
$5,900,000
$280/SF
Building Size
21,055 SF
Asset Type
Package Deal
Closing
Dec 1, 2022
AI
Alpha Realty has facilitated the sale of a package deal in Mott Haven. The properties in question are located at 214 St Anns Ave and 575 E 137th St. The package deal, brokered by Lev Mavashev and Yehuda Leser of Alpha Realty, has been finalized for a sale price of $5,900,000.
Summary of transaction details
- Property Type: Package Deal
- Transaction Amount: $5,900,000
- SF: 21,055
- PPSF: $280
- Address: 214 St Anns Ave & 575 E 137th St
- Market: Mott Haven
- Seller: Carlos Ramos
- Brokers: Lev Mavashev & Yehuda Leser - Alpha Realty
The transaction involved two buildings with a combined square footage of 21,055. The properties were sold as a package deal for a price of $5,900,000. The deal was successfully facilitated by Lev Mavashev and Yehuda Leser of Alpha Realty, who represented the seller, Carlos Ramos. The transaction reflects a price per square foot of $280.
Players
mott haven Package Deal Market Snapshot
Boundary boundary · Package Deal · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.69%
Cash-on-Cash
-0.77%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93