Jacob Oved Purchases Multifamily Property From Michael Zareno For $5.65 Million In New York
216 218 E 36th St
$5,650,000
Building Size
—
Asset Type
MultiFamily
Closing
Jun 1, 2013
AI
The property involved in this transaction is a MultiFamily asset located at 216 218 E 36th St in the New York market. The transaction was completed for a total price of $5,650,000.00.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $5,650,000.00
- Address: 216 218 E 36th St
- Market: New York
- Buyer: Jacob Oved
- Seller: Michael Zareno
- Broker: Robert Khodadadian - Skyline Properties
Jacob Oved acted as the buyer in this transaction, while Michael Zareno was the seller. The deal was facilitated by broker Robert Khodadadian, representing Skyline Properties in this transaction.
Players
New York MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.81%
Cash-on-Cash
-0.80%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93