Updated Oct 14, 2026
Steven Gelb Acquires MultiFamily Asset At 452 Harding Place From David Weber For $2,900,000
452 Harding Place
$2,900,000
$179/SF
Building Size
16,200 SF
Asset Type
MultiFamily
Closing
Jan 25, 2016
About this deal
AI
The property involved in this transaction is a multi-family asset located at 452 Harding Place in the Fairview market. It has a total square footage of 16,200 and was sold for $2,900,000.00.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $2,900,000.00
- Address: 452 Harding Place
- Market: Fairview
- Square Footage: 16,200
- Buyer: Steven Gelb
- Seller: David Weber
- Broker: Steven Matovski - Redwood Realty Advisors
In this transaction, Steven Gelb acted as the buyer, while the seller was David Weber. The transaction was facilitated by broker Steven Matovski from Redwood Realty Advisors, representing the interests of both parties in this deal.
On the Map
$2,900,000
$179/SF
MultiFamily
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Players
Fairview 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
5.47%
Cash-on-Cash
-1.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93