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Marcus & Millichap Brokers Sell Multifamily Property In Washington Heights For $19.5M

Property Image
SOLD
$19,500,000
Seth Glasser
Peter Von Der Ahe
+ 2

New York

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MultiFamily93,180 SF
Sold 05/08/2020
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Property Image
SOLD

Marcus & Millichap Brokers Sell Multifamily Property In Washington Heights For $19.5M

106 Pinehurst Avenue, Manhattan, New York, NY, USA

See Similar Deals
MultiFamily93,180 SF
Sold 05/08/2020
Seth Glasser
Peter Von Der Ahe
+ 2
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$209
Total Square Footage:93,180 SF
Transaction Type:Sale

The multifamily property located at 106 Pinehurst Avenue in Washington Heights has been sold for a price of $19,500,000. The transaction took place on 05/08/2021 and was facilitated by brokers Peter Von Der Ahe, Seth Glasser, Joe Koicim, Haley Hasho, and Jacob Kahn from Marcus & Millichap and New York Multifamily. The property spans a total area of 93,180 square feet, resulting in a price per square foot of $209. It consists of 96 units, with each unit having a per unit price of $203,125.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $19,500,000
  • Address: 106 Pinehurst Avenue, Washington Heights
  • Market: Washington Heights

The deal's key individuals and companies involved in the transaction include Peter Von Der Ahe, Seth Glasser, Joe Koicim, Haley Hasho, and Jacob Kahn. They represented the buyer and seller throughout the transaction, providing their expertise and facilitating the successful sale of the property.

Players

Haley Hasho
47 deals$378.2M volume(646) 840-8201
BROKER

Peter Von Der Ahe
Marcus & Millichap
110 deals$1.4B volume
BROKER

Seth Glasser
Marcus & Millichap
125 deals$1.1B volume
BROKER

Joseph (Joe) Koicim
Marcus & Millichap
172 deals$2.7B volume(212) 430-5147
BROKER

Jake Kahn
Marcus & Millichap
29 deals$406.7M volume(516) 660-8075
BROKER

Details

SOLD
IMAGE: Joe Koicim, Seth Glasser, Peter Von Der Ahe, Jacob Kahn & Haley Hasho DATE: 05/08/2021 ADDRESS: 106 Pinehurst Avenue MARKET: Washington Heights ASSET TYPE: Multifamily BROKERS: Peter Von Der Ahe, Seth Glasser, Joe Koicim, Haley Hasho & Jacob Kahn @MarcusMillichap_NY @NewYorkMultifamily SALE PRICE: $19,500,000 SF: 93,180 ~ PPSF: $209 UNITS: 96 ~ PPU: $203,125

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

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Cap Rate

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