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139 East 79th Street

Updated Dec 4, 2024

Sualk Family Acquires MultiFamily Property On Upper East Side For $6.45M
SOLDMultiFamily

Sualk Family Acquires MultiFamily Property On Upper East Side For $6.45M

139 East 79th Street

$6,450,000

Building Size

Asset Type

MultiFamily

Closing

Oct 30, 2023

About this deal

AI

The multi-family property located at 139 East 79th Street in the Upper East Side has been sold for a price of $6,450,000. The property spans across 3,500 square feet, resulting in a price per square foot of $1,843. This transaction took place on October 30, 2023.

Summary of transation details

  • Property Type: Multi-Family
  • Transaction Amount: $6,450,000
  • Address: 139 East 79th Street
  • Market: Upper East Side

The buyer of the property is the Sualk Family, while the seller is the Sano Family. The deal was facilitated by Justin Montero, Carl Gambino, and Adelaide Polsinelli from Compass.

Players

Adelaide Polsinelli

Compass

Broker

$285M

vol

27 deals

Broker

New York 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

2.46%

Cash-on-Cash

-0.70%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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