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Bay Hedvat Purchases Multifamily Property From Ken Moslin For $5.6 Million In Washington Heights

Property Image
SOLD
$5,600,000
Zachary Fuchs
Matthew Sparks

New York

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MultiFamily65,388 SF
Sold
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Property Image
SOLD

Bay Hedvat Purchases Multifamily Property From Ken Moslin For $5.6 Million In Washington Heights

100 Fort Washington Avenue

See Similar Deals
MultiFamily65,388 SF
Sold
Zachary Fuchs
Matthew Sparks
the dealplayerscompscontact
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$85
Total Square Footage:65388 SF
Transaction Type:Sale

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.

Players

Matthew Sparks
GFI Realty Services
Matthew Sparks
9 deals$63.3M volume(212) 837-4523
BROKER
Zachary Fuchs
GFI Realty Services
Zachary Fuchs
61 deals$317.3M volume
BROKER

Details

SOLD
IMAGE: Zachary Fuchs, Michael Weiser & Matthew Sparks DATE: 10/01/2024 ADDRESS: 100 Fort Washington Avenue MARKET: Washington Heights, Manhattan ASSET TYPE: Multifamily BUYER: Bay Hedvat SELLER: Ken Moslin BROKERS: Zachary Fuchs (@ZacharyDFuchs) & Matthew Sparks - GFI Realty Services (@GFIRealty) SALE PRICE: $5,600,000 SF: 65,388 ~ PPSF: $85

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$19,895.61
Cash-on-Cash Return-1.27%
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