Jared Pinchasick Acquires 16-Unit Multifamily In Yorkville For $4.5M
322 East 90th Street, New York, NY 10128
$4,525,000
$502/SF
Building Size
9,005 SF
Asset Type
MultiFamily
Closing
Aug 10, 2020
AI
The transaction involves a multifamily asset located at 322 East 90th Street in the Yorkville market. The sale price reached $4,525,000, covering a total area of 9,005 square feet with a price per square foot of $502. The property contains 16 units.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $4,525,000
- Address: 322 East 90th Street
- Market: Yorkville
- Square Footage: 9,005
- Price Per Square Foot: $502
- Units: 16
- Buyer: Jared Pinchasick
- Seller: Rose Orell
- Broker: Eric Lupo - FriedmanRoth
Jared Pinchasick is identified as the buyer of the property, while Rose Orell is the seller. The broker representing the seller is Eric Lupo from FriedmanRoth, facilitating the transaction.
Players
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
3.51%
Cash-on-Cash
-1.00%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93