Eden Ashourzadeh Acquires 5-Unit Multifamily Building In New York City For $2.7M
174 Meserole Street
$2,725,000
$559/SF
Building Size
4,875 SF
Asset Type
MultiFamily
Closing
Jan 20, 2023
AI
The multifamily property located at 174 Meserole Street in New York City has been sold in a closed transaction. The property consists of 5 units, with a total square footage of 4,875. The sale price for this transaction was $2,725,000, resulting in a price per unit of $545,000 and a price per square foot of $559.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $2,725,000
- Address: 174 Meserole Street, New York City
- Units: 5
- Price per Unit: $545,000
- Square Footage: 4,875
- Price per Square Foot: $559
Eden Ashourzadeh purchased the property from The Gonzalez Family. The deal was facilitated by the brokerage firm HPNY.
Players
Brooklyn 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
5.82%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93