Updated Dec 4, 2024
Bay Hedvat Purchases Multifamily Property From Ken Moslin For $5.6 Million In Washington Heights
100 Fort Washington Avenue
$5,600,000
$85/SF
Building Size
65,388 SF
Asset Type
MultiFamily
Closing
Oct 1, 2024
About this deal
AI
The asset involved in this transaction is a multifamily property located at 100 Fort Washington Avenue in Washington Heights, Manhattan. The sale price of the property was $5,600,000, with a total square footage of 65,388, resulting in a price per square foot of $85.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $5,600,000
- Address: 100 Fort Washington Avenue
- Market: Washington Heights, Manhattan
- Square Footage: 65,388
- Price Per Square Foot: $85
- Buyer: Bay Hedvat
- Seller: Ken Moslin
- Broker Representatives: Zachary Fuchs & Matthew Sparks - GFI Realty Services
The transaction was facilitated by brokers Zachary Fuchs and Matthew Sparks, representing GFI Realty Services. Bay Hedvat acted as the buyer of the property, while the seller was Ken Moslin.
On the Map
$5,600,000
$85/SF
MultiFamily
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New York 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
2.83%
Cash-on-Cash
-0.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93