Stephon Hinds Acquires Multifamily Property At 3321 Snyder Avenue In New York City For $1.075M
3321 Snyder Avenue
$1,075,000
$358/SF
Building Size
3,000 SF
Asset Type
MultiFamily
Closing
Jan 31, 2023
AI
The multifamily property located at 3321 Snyder Avenue in New York City has been sold for $1,075,000. The property spans 3,000 square feet, resulting in a price per square foot of $358.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,075,000
- Square Footage: 3,000
- Price per Square Foot: $358
- Address: 3321 Snyder Avenue, New York City
- Buyer: Stephon Hinds
- Brokers: Joshua Brown, Rasheed Williams, Bradley Valentin, Wayne John - Pushing Forward Realty; Rayshaun Addison - Voro Real Estate
The sale of the property was facilitated by the brokers Joshua Brown, Rasheed Williams, Bradley Valentin, and Wayne John from Pushing Forward Realty, along with Rayshaun Addison from Voro Real Estate.
For more information about this transaction, you can contact Joshua Brown, the Principal Broker at Pushing Forward Realty, by calling 516-778-8360 or visiting their website at www.pushingforward.nyc. It is important to note that there is a 90/10 split for all agents from day one.
Players
Market MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
14.76%
Cash-on-Cash
-4.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93