Eden & Alon Ashourzadeh Acquire 5-Unit MultiFamily In NYC For $3.05M
26 Broome Street
$3,050,000
$436/SF
Building Size
6,995 SF
Asset Type
MultiFamily
Closing
Apr 21, 2023
AI
The multi-family property located at 26 Broome Street in New York City has been sold in a recent transaction. The property consists of 5 units with a total square footage of 6,995. The sale price for the property was $3,050,000, resulting in a per unit price of $610,000. The price per square foot was calculated at $436.
Summary of transaction details
- Property Type: MultiFamily
- Transaction Amount: $3,050,000
- Units: 5
- Price Per Unit: $610,000
- Square Footage: 6,995
- Price Per Square Foot: $436
- Address: 26 Broome Street, New York City
- Market: New York City
The buyer of the property was Eden Ashourzadeh & Alon Ashourzadeh, while the seller was Peter Ogilve. The deal was facilitated by brokers Shaun Riney, Michael Salvatico, and Samuel Leppo from Marcus & Millichap.
Players
Market 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
5.20%
Cash-on-Cash
-1.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93