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102 West 131st Street, New ...

Juliet Newman, Deepika Sharma, Kevin O’Sullivan, & Yotam Amit Acquire Multifamily Property On West 131st Street In Harlem For $3.45M
SOLDMultiFamily

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

Stanley Montfort

Serhant

Broker

$13M

vol

5 deals

Broker

New York MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

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