Akiva Milgraum's KJM Holdings Acquires Multifamily Property In Yorkville For $4.9M
222 East 95th Street
$4,925,000
$604/SF
Building Size
8,150 SF
Asset Type
MultiFamily
Closing
Nov 16, 2023
AI
A multifamily property located at 222 East 95th Street in Yorkville, Manhattan, has been sold. The property consists of 17 units, with an average price per unit of $289,706. The total square footage of the property is 8,150, with an average price per square foot of $604. The sale was completed on November 16, 2023, for a total price of $4,925,000.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $4,925,000
- Units: 17
- Price per Unit: $289,706
- Square Footage: 8,150
- Price per Square Foot: $604
The buyer in this transaction was Akiva Milgraum from KJM Holdings, LLC. The seller was Michael Porges. Representing the buyer was Brett Weisblum from Cushman & Wakefield.
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
3.22%
Cash-on-Cash
-0.92%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93