Aulder Capital Acquires Multifamily Property In East Harlem For $12.5M
325 East 101st Street
$12,500,000
$339/SF
Building Size
36,873 SF
Asset Type
MultiFamily
Closing
Aug 15, 2022
AI
A multifamily property located at 325 East 101st Street in East Harlem has been sold in a recent transaction. The property consists of 34 units with a total square footage of 36,873. The sale price for this asset was $12,500,000, resulting in a price per unit of $367,647 and a price per square foot of $339.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $12,500,000
- Units: 34
- Price per Unit: $367,647
- Square Footage: 36,873
- Price per Square Foot: $339
The buyer of this property is Aulder Capital. The transaction was facilitated by brokers Jonathan Hageman, Hall Oster, Teddy Galligan, and Marko Kazanjian from JLL.
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
1.27%
Cash-on-Cash
-0.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93