facebook
Traded Co logo
Submit

Eileen O'Hara, Sammie Halpert & Sammy Engel Sell MultiFamily Property At 305 East 21st Street In New York City For $8M

Property Image
SOLD
$8,000,000

New York

See Similar Deals
MultiFamily21,356 SF
Sold 06/27/2023
the dealplayerscompscontact
Property Image
SOLD

Eileen O'Hara, Sammie Halpert & Sammy Engel Sell MultiFamily Property At 305 East 21st Street In New York City For $8M

305 E 21st St New York, NY 10010, USA

See Similar Deals
MultiFamily21,356 SF
Sold 06/27/2023
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$374
Total Square Footage:21,356 SF
Transaction Type:Sale

A multifamily property located at 305 East 21st Street in New York City has been sold for $8,000,000. This property consists of 37 units with a price per unit (PPU) of $216,216. The total square footage of the property is 21,356, with a price per square foot (PPSF) of $375.

Summary of transaction details

  • Property Type: MultiFamily
  • Transaction Amount: $8,000,000
  • Units: 37
  • Price per Unit (PPU): $216,216
  • Square Footage: 21,356
  • Price per Square Foot (PPSF): $375

Eileen O'Hara, Sammie Halpert, and Sammy Engel were the sellers of this property. The sale of the property was facilitated by Michael Ferrara and Alan Stenson from Brax Realty, who represented the seller in this transaction.

Players

Alan Stenson
20 deals$120.4M volume(646) 288-4757
BROKER

Michael Ferrara
Brax Realty
28 deals$411.9M volume(646) 668-4803
BROKER

Details

SOLD
IMAGE: Michael Ferrara & Alan Stenson DATE: 06/27/2023 ADDRESS: 305 East 21st Street MARKET: New York City ASSET TYPE: MultiFamily SELLER: Eileen O'Hara, Sammie Halpert & Sammy Engel BROKERS: Michael Ferrara (@BraxRealtyNYC) & Alan Stenson (@Alan__Stenson) - Brax Realty SALE PRICE: $8,000,000 UNITS: 37 ~ PPU: $216,216 SF: 21,356 ~ PPSF: $375

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$426,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$28,422.30
Cash-on-Cash Return-1.27%
Monthly Debt Service$37,924.08
Annual Debt Service$455,088.98