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216 218 E 36th St

Jacob Oved Purchases Multifamily Property From Michael Zareno For $5.65 Million In New York
SOLDMultiFamily

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:

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

Robert Khodadadian

Skyline Properties

Broker

$1.1B

vol

30 deals

Broker

Jacob Oved

Buyer

$7.1M

vol

1 deal

Buyer

Michael Zareno

Seller
Seller

New York 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

2.81%

Cash-on-Cash

-0.80%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93