facebook
Traded Co logo
Submit

Marcus & Millichap Brokers Sell Upper West Side Multifamily Property For $3.55M

Property Image
SOLD
$3,550,000
Peter Von Der Ahe
Haley Hasho
+ 2

New York

See Similar Deals
MultiFamily6,433 SF
Sold 04/13/2021
the dealplayerscompscontact
Property Image
SOLD

Marcus & Millichap Brokers Sell Upper West Side Multifamily Property For $3.55M

119 West 92nd Street, New York, NY 10025

See Similar Deals
MultiFamily6,433 SF
Sold 04/13/2021
Peter Von Der Ahe
Haley Hasho
+ 2
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$551
Total Square Footage:6,433 SF
Transaction Type:Sale

A multifamily property located at 119 West 92nd Street in the Upper West Side has been sold for a price of $3,550,000. The property consists of 7 units with a total square footage of 6,433. The selling price per square foot is $551, and the average price per unit is $507,143.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $3,550,000
  • Address: 119 West 92nd Street
  • Market: Upper West Side

The seller of the property is Michael Grossman. The sale was facilitated by Peter Von Der Ahe, Joe Koicim, Danny Handweiler, and Haley Hasho, who represent New York Multifamily and Marcus & Millichap NY.

Players

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

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

Daniel (Danny) Handweiler
Raven Property Advisors
34 deals$327.6M volume(212) 430-5138
BROKER

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

Details

SOLD
IMAGE: Danny Handweiler, Joe Koicim, Peter Von Der Ahe & Haley Hasho DATE: 04/13/2021 ADDRESS: 119 West 92nd Street MARKET: Upper West Side ASSET TYPE: Multifamily SELLER: Michael Grossman BROKERS: Peter Von Der Ahe, Joe Koicim, Danny Handweiler & Haley Hasho @NewYorkMultifamily @MarcusMillichap_NY SALE PRICE: $3,550,000 SF: 6,433 ~ PPSF: $551 UNITS: 7 ~ PPU: $507,143

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$189,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$12,612.41
Cash-on-Cash Return-1.27%
Monthly Debt Service$16,828.81
Annual Debt Service$201,945.73