Juliet Newman, Deepika Sharma, Kevin O’Sullivan, & Yotam Amit Acquire Multifamily Property On West 131st Street In Harlem For $3.45M
102 West 131st Street, New York City, New York 10027, United States
$3,450,000
$817/SF
Building Size
4,220 SF
Asset Type
MultiFamily
Closing
Dec 15, 2021
AI
A multifamily property located at 102 West 131st Street in Harlem has been sold for a total price of $3,450,000. The property consists of 2 units, with a price per unit of $1,725,000. The total square footage of the property is 5,543, resulting in a price per square foot of $622.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $3,450,000
- Address: 102 West 131st Street
- Market: Harlem
- Units: 2
- Price per Unit: $1,725,000
- Total Square Footage: 5,543
- Price per Square Foot: $622
The buyers in this transaction are Juliet Newman, Deepika Sharma, Kevin O'Sullivan, and Yotam Amit. The seller's representative is Tamara Marotta from Corcoran. The buyer's representative is Stanley Montfort from EXP Realty NYC.
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
4.60%
Cash-on-Cash
-1.31%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93