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Katherine Cartagena Acquires Multifamily Property In Turtle Bay For $6M

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SOLD
$4,500,000

New York

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MultiFamily5,760 SF
Sold 02/04/2022
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SOLD

Katherine Cartagena Acquires Multifamily Property In Turtle Bay For $6M

311 East 51st Street, New York City, New York 10022, United States

See Similar Deals
MultiFamily5,760 SF
Sold 02/04/2022
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$781
Total Square Footage:5,760 SF
Transaction Type:Sale

The multifamily property located at 311 East 51st Street in the Turtle Bay market has been sold for a price of $6,000,000. The property consists of 8 units, with an average price per unit (PPU) of $750,000. The total square footage of the property is 5,760, resulting in a price per square foot (PPSF) of $1,041.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $6,000,000
  • Units: 8
  • Average Price per Unit (PPU): $750,000
  • Square Footage: 5,760
  • Price per Square Foot (PPSF): $1,041
  • Address: 311 East 51st Street
  • Market: Turtle Bay

The buyer of the property is Katherine Cartagena.

Players

3 deals$81M volume
BUYER

Details

SOLD
IMAGE: 04/15/2022 ADDRESS: 311 East 51st Street MARKET: Turtle Bay ASSET TYPE: Multifamily BUYER: Katherine Cartagena SALE PRICE: $6,000,000 UNITS: 8 ~ PPU: $750,000 SF: 5,760 ~ PPSF: $1,041

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

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Cap Rate

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