Updated Dec 20, 2023
Ronnie Mandler Acquires Multifamily Property In Harlem For $1.7M
135 W 126th St, New York, NY 10027, USA
$1,700,000
$480/SF
Building Size
3,536 SF
Asset Type
MultiFamily
Closing
Jul 17, 2019
About this deal
AI
A multifamily property located at 135 West 126th Street in Manhattan's Harlem neighborhood has been sold in a closed transaction. The property spans 3,536 square feet and was sold for a sale price of $1,700,000. The asking price for the property was $1,900,000, resulting in a price per square foot of $480.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,700,000
- Address: 135 West 126th Street
- Market: Manhattan, Harlem
Francine Pinkney was the seller of the property, while Ronnie Mandler emerged as the buyer. Representing the transaction were Josh Lipton and Andrew Levine from Invictus Property Advisors.
On the Map
$1,700,000
$480/SF
MultiFamily
View full map
Players
New York MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Josh Lipton to view all their deals.
Browse New York multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.33%
Cash-on-Cash
-2.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93