Anbau Enterprises Acquires Multi-family Property In Manhattan For $5.16M
226 E 32nd St, New York, NY 10016, USA
Building Size
4,934 SF
Asset Type
MultiFamily
Closing
Dec 6, 2017
AI
Anbau Enterprises has acquired a multi-family property located at 226 East 32nd Street in Manhattan, New York. The transaction, which closed on December 7, 2017, was priced at $5,162,500. The property spans 4,934 square feet, resulting in a price per square foot of $1,046.
Summary of transation details
- Property Type: Multi-family
- Transaction Amount: $5,162,500
- Address: 226 East 32nd Street, New York
- Market: Manhattan
The seller in this transaction was Kevin O. Halloran, while the buyer was Anbau Enterprises. The deal was facilitated by the broker Leslie J. Garfield.
Players
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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93