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The Cuomo Family Sells Multifamily Building On East 102nd St. In Harlem For $3.8M

Property Image
SOLD
$3,800,000

New York

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MultiFamily12,270 SF
Sold 07/25/2022
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Property Image
SOLD

The Cuomo Family Sells Multifamily Building On East 102nd St. In Harlem For $3.8M

167 East 102nd Street

See Similar Deals
MultiFamily12,270 SF
Sold 07/25/2022
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$309
Total Square Footage:12,270 SF
Transaction Type:Sale

The multifamily building located at 167 E. 102nd St. in Harlem has been sold in a transaction facilitated by Alpha Realty. The property, owned by The Cuomo Family, was sold for a price of $3,800,000. With a total square footage of 12,270, the price per square foot amounted to $309.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $3,800,000
  • Address: 167 E. 102nd St.
  • Market: Harlem
  • Square Footage: 12,270
  • Price Per Square Foot: $309

Lev Mavashev and Shai Egison from Alpha Realty represented the seller, The Cuomo Family, in this deal. The transaction was referred to Alpha Realty by Development Site Advisors, who specialize in the sale of development sites. This successful collaboration between the parties involved showcases the expertise and professionalism of the brokers.

Congratulations to both the buyer and the seller for the completion of this transaction!

Players

Lev Mavashev
105 deals$704M volume(212) 658-0955
BROKER

Shai Egison
Alpha Realty
8 deals$53.8M volume
BROKER

Details

SOLD
IMAGE: Lev Mavashev & Shai Egison DATE: 07/25/2022 ADDRESS: 167 E. 102nd St. MARKET: Harlem ASSET TYPE: Multifamily SELLER: The Cuomo Family BROKERS: Lev Mavashev (@Lev_Mavashev) & Shai Egison (@Shai.Egison) - Alpha Realty (@Alpha_Realty_NY) SALE PRICE: $3,800,000 SF: 12,270 ~ PPSF: $309 NOTE FROM @Alpha_Realty_NY: This deal was referred to us by Development Site Advisors (@developmentsiteadvisors) who solely focus on the sale of development sites, and relied on us to broker the sale of the multifamily building on this deal. We are happy to have delivered. It's an absolute pleasure doing business with you; to many more! Congratulations to both buyer & seller.

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Debt Service Coverage Ratio (DSCR)

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