Updated Dec 4, 2024
Oday Aboushi Acquires Multifamily Property In East Harlem For $4.3M
310-312 East 105th Street
$4,300,000
$371/SF
Building Size
11,564 SF
Asset Type
MultiFamily
Closing
Feb 20, 2024
About this deal
AI
The multifamily property located at 310-312 East 105th Street in East Harlem, Manhattan, was recently sold for $4,300,000. This property consists of 16 units with a total square footage of 11,564. The price per unit was $268,750, and the price per square foot was $372.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $4,300,000
- Units: 16
- Square Footage: 11,564
- Price per Unit: $268,750
- Price per Square Foot: $372
- Address: 310-312 East 105th Street, East Harlem, Manhattan
- Market: East Harlem, Manhattan
- Buyer: Oday Aboushi
- Seller: Tom Farrelle
- Broker: Michelle Han - Prominent Properties Sotheby's International Realty
Oday Aboushi purchased the property from Tom Farrelle with the representation of Michelle Han from Prominent Properties Sotheby's International Realty.
New York MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Michelle Han to view all their deals.
Browse New York multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.69%
Cash-on-Cash
-1.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93