Updated Sep 9, 2024
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
About this deal
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