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158 West 136th Street, New ...

Kevin Abihssira Acquires Multifamily Property On 158 W. 136th St. In New York For $975,000
SOLDMultiFamily

Kevin Abihssira Acquires Multifamily Property On 158 W. 136th St. In New York For $975,000

158 West 136th Street, New York City, New York 10030, United States

$975,000

$433/SF

Building Size

2,250 SF

Asset Type

MultiFamily

Closing

May 4, 2022

AI

A multifamily property located at 158 W. 136th St. in New York has been sold in a recent transaction. The property consists of 4 units with a total square footage of 2,250. The sale price for this transaction was $975,000, resulting in an average price per unit of $243,750 and a price per square foot of $433.

Summary of transaction details

  • Property Type: Multifamily
  • Sale Price: $975,000
  • Units: 4
  • Price per Unit: $243,750
  • Square Footage: 2,250
  • Price per Square Foot: $433

The buyer in this transaction was Kevin Abihssira, while the seller was Johnson Charles. The deal was facilitated by Ivane Koridze from Voro Real Estate.

Players

Ivane Koridze

Voro Real Estate

Broker

$7.6M

vol

5 deals

Broker

Kevin Abihssira

Buyer

$4.9M

vol

3 deals

Buyer

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

16.27%

Cash-on-Cash

-4.65%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93