Updated Sep 9, 2024
Ari Harkov Of Brown Harris Stevens Brokers $4.75M Sale Of 10-Unit Multifamily Building On Malcolm X Boulevard, NYC
212 Malcolm X Boulevard Brooklyn, NY 11221, USA
$4,750,000
$847/SF
Building Size
5,603 SF
Asset Type
MultiFamily
Closing
Jun 2, 2023
About this deal
AI
A multifamily property located at 212 Malcolm X Boulevard in New York City has been sold for a total price of $4,750,000. The property consists of 10 units, resulting in a price per unit of $475,000. With a total area of 5,603 square feet, the price per square foot is calculated at $848.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $4,750,000
- Address: 212 Malcolm X Boulevard, New York City
- Units: 10
- Price per Unit: $475,000
- Square Footage: 5,603
- Price per Square Foot: $848
The sale of this multifamily property was facilitated by Ari Harkov from Brown Harris Stevens. Representing the buyer or seller, Ari Harkov played a key role in the transaction.
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Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.34%
Cash-on-Cash
-0.95%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93