Asaf Haim Sells Multifamily Property In Bedford-Stuyvesant For $4.7M
100 Malcolm X Boulevard, Brooklyn, New York 11221, United States
$4,700,000
$783/SF
Building Size
6,000 SF
Asset Type
MultiFamily
Closing
Mar 29, 2022
AI
A multifamily property located at 100 Malcolm X Blvd, Bedford-Stuyvesant, was recently sold for a total price of $4,700,000. The property consists of 9 units with an average price per unit (PPU) of $522,222. The total square footage of the property is 6,000, with an average price per square foot (PPSF) of $783.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $4,700,000
- Units: 9
- PPU: $522,222
- Square Footage: 6,000
- PPSF: $783
- Address: 100 Malcolm X Blvd, Bedford-Stuyvesant
The seller of the property was Asaf Haim. The transaction was facilitated by Sully Klein from Real Street.
Players
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
3.38%
Cash-on-Cash
-0.96%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93