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.
On the Map
$4,300,000
$371/SF
MultiFamily
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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
3.69%
Cash-on-Cash
-1.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93