Marcus & Millichap Brokers Sell Multifamily Property In Harlem, Manhattan For $6.3M
30 Bradhurst Avenue, New York City, New York 10030, United States
$6,300,000
$252/SF
Building Size
25,000 SF
Asset Type
MultiFamily
Closing
Apr 26, 2022
AI
Located at 30 Bradhurst Ave in Harlem, Manhattan, this multifamily property recently sold for $6,300,000. The sale was facilitated by Seth Glasser, Joe Koicim, Jake Kahn, and Benny Katz of Marcus & Millichap. The property consists of 25 units, with a price per unit of $252,000. Spanning 25,000 square feet, the property has a price per square foot of $252.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $6,300,000
- Address: 30 Bradhurst Ave
- Market: Harlem, Manhattan
- Brokers: Seth Glasser, Joe Koicim, Jake Kahn, and Benny Katz - Marcus & Millichap
- Units: 25
- Price per Unit: $252,000
- Square Footage: 25,000
- Price per Square Foot: $252
The team at Marcus & Millichap played a key role in representing the buyer and seller in this transaction. With their expertise, they successfully closed the deal for the sale of this multifamily property in Harlem, Manhattan.
Players
New York 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
2.52%
Cash-on-Cash
-0.72%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93