Beki Saljhi Acquires Multifamily Property In Manhattan For $8.75M
610 Riverside Dr.
$8,750,000
Building Size
—
Asset Type
—
Closing
Sep 8, 2022
AI
A multifamily property located at 610 Riverside Dr. in Manhattan was sold for a transaction value of $8,750,000. The building comprises a total square footage of 62,345, amounting to a price per square foot of $140.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $8,750,000
- Square Footage: 62,345
- Price per Square Foot: $140
- Buyer: Beki Saljhi
- Seller: Meir Bouskilla
- Brokers: Aaron Jungries, Ben Khakshoor & Alex Fuchs - Rosewood Realty Group
- Market: Manhattan
The transaction was facilitated by brokers Aaron Jungries, Ben Khakshoor, and Alex Fuchs, who represent Rosewood Realty Group in this deal, ensuring a successful transfer between the buyer and seller.
Players
New York CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.81%
Cash-on-Cash
-0.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93