Emmanuel Stark Of 167 Mott LLC Purchases MultiFamily Property From Adam Daniels For $17M
167 Mott St
$17,000,000
$1,089/SF
Building Size
15,603 SF
Asset Type
MultiFamily
Closing
Mar 3, 2015
AI
The property asset located at 167 Mott St in New York is a multi-family building that was sold for $17,000,000.00. The total square footage of the asset is 15,603.0 square feet.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $17,000,000.00
- Address: 167 Mott St
- Market: New York
- SF: 15603.0
- Buyer: Emmanuel Stark (167 Mott LLC)
- Seller: Adam Daniels
- Broker: Khashy Eyn - Platinum Commercial
The transaction involved Emmanuel Stark, representing 167 Mott LLC, as the buyer. Adam Daniels was the seller in this deal, facilitated by broker Khashy Eyn from Platinum Commercial.
Players
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
0.93%
Cash-on-Cash
-0.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93