facebook
Traded Co logo
Submit

Multifamily Property At 2015 1st Avenue Sold For $2.3M With Brokers Shapiro, Brooks & Kontos

Property Image
SOLD
$2,300,000

New York

See Similar Deals
MultiFamily12,900 SF
Sold 06/12/2025
the dealplayerscompscontact
Property Image
SOLD

Multifamily Property At 2015 1st Avenue Sold For $2.3M With Brokers Shapiro, Brooks & Kontos

2015 1st Avenue

See Similar Deals
MultiFamily12,900 SF
Sold 06/12/2025
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$178
Total Square Footage:12,900 SF
Transaction Type:Sale

The property asset involved in the transaction is a multifamily building located at 2015 1st Avenue in East Harlem. The sale price is $2,300,000, comprising 13 units, with a price per unit of $176,923. The total square footage of the asset is 12,900, resulting in a price per square foot of $178.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,300,000
  • Units: 13
  • Price Per Unit: $176,923
  • Square Footage: 12,900
  • Price Per Square Foot: $178
  • Market: East Harlem

The deal involved brokers Robert Shapiro, Ian Brooks, and Nicholas Kontos from CBRE representing the transaction. Their expertise contributed to the successful completion of the sale.

Players

Ian Brooks
50 deals$431.6M volume(212) 984-8107
BROKER

Robert (Rob) Shapiro
CBRE
78 deals$882.9M volume(212) 984-8082
BROKER

Nicholas Kontos
CBRE
30 deals$362.9M volume(857) 222-5411
BROKER

CBRE
BROKERAGE

Details

SOLD
IMAGE: Robert Shapiro, Ian Brooks & Nicholas Kontos DATE: 6/12/2025 ADDRESS: 2015 1st Avenue MARKET: East Harlem ASSET TYPE: Multifamily BROKERS: Robert Shapiro (@RMShapiro), Ian Brooks (@Eighteenhundo) & Nicholas Kontos (@NYInvestmentSales) - CBRE (@CBRE) SALE PRICE: $2,300,000 UNITS: 13 ~ PPU: $176,923 SF: 12,900 ~ PPSF: $178

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$122,666.66

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$8,171.42
Cash-on-Cash Return-1.27%
Monthly Debt Service$10,903.17
Annual Debt Service$130,838.08