Updated Oct 28, 2024
Myles Group Sells Multifamily Property In East Village, Manhattan For $2.9M
110 Avenue C
$2,999,999
$901/SF
Building Size
3,328 SF
Asset Type
MultiFamily
Closing
Sep 15, 2022
About this deal
AI
The multifamily property located at 110 Avenue C in East Village, Manhattan has been sold in a closed transaction. The property consists of 3,328 square feet and features 3 units. The sale price for this transaction was $2,999,999, resulting in a price per unit of $999,999 and a price per square foot of $901.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,999,999
- Units: 3
- Price per Unit: $999,999
- Square Feet: 3,328
- Price per Square Foot: $901
- Address: 110 Avenue C, East Village, Manhattan
The seller of this property was the Myles Group. Representing the seller in this transaction were Joe Koicim, Logan Markley, and Matt Berger from Marcus & Millichap.
Players
Fort St. John 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
5.29%
Cash-on-Cash
-1.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93