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174 Meserole Street

Eden Ashourzadeh Acquires 5-Unit Multifamily Building In New York City For $2.7M
SOLDMultiFamily

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

Daniel Hakimian

HPNY

Broker

$15.9M

vol

5 deals

Broker

Eden Ashourzadeh

Buyer

$116.7M

vol

37 deals

Buyer

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