Updated Feb 2, 2026
Albert Dweck Acquires Multifamily Property In Central Harlem For $4.7M With Valley National Bank Loan
125 W 138th St, New York, NY 10030, USA
$4,725,000
$482/SF
Building Size
9,800 SF
Asset Type
MultiFamily
Closing
Feb 18, 2020
About this deal
AI
The property at 125 West 138th Street in Central Harlem has been involved in a recent closed transaction. The multifamily asset spans across 9,800 square feet.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $4,725,000
- Address: 125 West 138th Street
- Market: Central Harlem
Valley National Bank provided a loan amount of $4,725,000 for the transaction. Albert Dweck, representing Duke Properties, serves as the landlord. Brad Domenico, from Progress Capital, acted as the broker in the deal.
The multifamily loan at 125 W 138th St, New York, NY 10030, USA in New York, New York financed for $4.7M in 2020. Reported inventory is 9,800 square feet across 10 units, or about 482 per square foot. Seth Glasser, Peter Von Der Ahe, Haley Hasho, Brad Domenico appear on the loan alongside Exodus Capital, Dansker Capital Group, Progress Capital. This page is the New York, New York file for the 125 W 138th St, New York, NY 10030, USA multifamily financed: pricing, party profiles, and other closed multifamily comps from the same New York sit in the Market section below. Filter that New York multifamily set by closing date to see what else financed near 125 W 138th St, New York, NY 10030, USA around 2020. Published consideration for 125 W 138th St, New York, NY 10030, USA is $4.7M, dated 2020. Cite this Albert Dweck Acquires Multifamily Property In Central Harlem For $4.7M With Valley National Bank Loan loan when underwriting similar multifamily product around New York, New York.
Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.36%
Cash-on-Cash
-0.96%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93