Azour Family Purchases Multifamily Property From Badalov Family & Partner For $740,000 In Harlem
SOLD
$740,000
New York
See Similar DealsMultiFamily4,000 SF
Sold
SOLD
Azour Family Purchases Multifamily Property From Badalov Family & Partner For $740,000 In Harlem
240 West 132nd Street
See Similar DealsMultiFamily4,000 SF
Sold
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$185
Total Square Footage:4000 SF
Transaction Type:Sale
The property at 240 West 132nd Street, located in the Harlem market of Manhattan, is a multifamily asset featuring a total square footage of 4,000. The sale was completed for a total price of $740,000, resulting in a price per square foot of $185.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $740,000
- Sale Date: 2/27/2026
- Buyer: Azour Family
- Seller: Badalov Family & Partner
The transaction involved the Azour Family as the buyer and the Badalov Family & Partner as the sellers, signifying their roles in the completion of this real estate deal.
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$39,466.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$2,629.06
Cash-on-Cash Return-1.27%
Monthly Debt Service$3,507.98
Annual Debt Service$42,095.73
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