facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Multifamily

/

Sale

/

232 West End Ave New York, ...

Asaf Dror Acquires Multifamily Property On West End Avenue For $2.3M
SOLDMultiFamily

Asaf Dror Acquires Multifamily Property On West End Avenue For $2.3M

232 West End Ave New York, NY 10023, USA

$2,300,000

$360/SF

Building Size

6,380 SF

Asset Type

MultiFamily

Closing

Aug 23, 2023

AI

A multifamily property located at 232 West End Avenue in the Lincoln Square neighborhood of Manhattan has been sold for $2,300,000. The property spans 6,380 square feet, which translates to a price per square foot of $361. This transaction involved the buyer, Asaf Dror, and the seller, Hineni Heritage Organization.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,300,000
  • Address: 232 West End Avenue, Lincoln Square, Manhattan
  • Square Footage: 6,380
  • Market: Lincoln Square, Manhattan

The deal was facilitated by brokers Aaron Jungreis, Alex Fuchs, and Ben Khakshoor from Rosewood Realty Group, who represented both the buyer and the seller in this transaction.

Players

Aaron Jungreis

Rosewood Realty Group

Broker

$4.3B

vol

205 deals

Broker

Asaf Dror

Buyer

$21.3M

vol

6 deals

Buyer

Market 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

6.90%

Cash-on-Cash

-1.97%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93