Anthony Killough Acquires Multifamily Property At 217 East 115th Street From Josh Einhorn For $3.025M
SOLD
$3,025,000
New York
See Similar DealsMultiFamily4,639 SF
Sold 07/13/2025
SOLD
Anthony Killough Acquires Multifamily Property At 217 East 115th Street From Josh Einhorn For $3.025M
217 East 115th Street
See Similar DealsMultiFamily4,639 SF
Sold 07/13/2025
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$652
Total Square Footage:4,639 SF
Transaction Type:Sale
The property asset involved in this transaction is a multifamily building located at 217 East 115th Street in the East Harlem market. The sale price of the property was $3,025,000, with a total of 8 units, amounting to a price per unit of $378,125. The total square footage of the building is 4,639 square feet, leading to a price per square foot of $652.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,025,000
- Units: 8
- Price Per Unit: $378,125
- Square Footage: 4,639
- Price Per Square Foot: $652
- Buyer: Anthony Killough
- Seller: Josh Einhorn
- Brokers: Zan Colin, Logan Markley & Joseph Koicim - Marcus & Millichap
This transaction was facilitated by Zan Colin, Logan Markley, and Joseph Koicim, who represented both the buyer, Anthony Killough, and the seller, Josh Einhorn. The involvement of these brokers showcases their role in successfully closing the deal in the East Harlem market.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$161,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$10,747.19
Cash-on-Cash Return-1.27%
Monthly Debt Service$14,340.04
Annual Debt Service$172,080.52
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