Updated Mar 17, 2026
Azour Family Purchases Multifamily Property From Badalov Family & Partner For $740,000 In Harlem
240 West 132nd Street
$740,000
$185/SF
Building Size
4,000 SF
Asset Type
MultiFamily
Closing
Feb 26, 2026
About this deal
AI
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.
On the Map
$740,000
$185/SF
MultiFamily
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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
21.44%
Cash-on-Cash
-6.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93