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374 Richmond Terrace, State...

Updated Dec 19, 2023

Nedza Goga Acquires Multifamily Property On Staten Island For $1.86M
SOLDMultiFamily

Nedza Goga Acquires Multifamily Property On Staten Island For $1.86M

374 Richmond Terrace, Staten Island, NY 10301, Estados Unidos

$1,860,000

$290/SF

Building Size

6,400 SF

Asset Type

MultiFamily

Closing

Nov 17, 2020

About this deal

AI

The multifamily property located at 374-376 Richmond Terrace in Staten Island was recently sold in a transaction. The property spans a total of 6,400 square feet and is zoned as R5. The sale price for this transaction was $1,860,000, resulting in a price per square foot of $290.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,860,000
  • Address: 374-376 Richmond Terrace, Staten Island
  • Market: Staten Island
  • Asset Type: Multifamily
  • Zoning: R5

The buyer in this transaction is Nedza Goga, while Scott Hanson acted as the seller. Jose Oropeza from Robert Defalco Realty represented both parties as the broker in this deal. For inquiries or further information, Jose Oropeza can be contacted at 646-709-7029 or [email protected]. You can also follow his work on Instagram: @goldenboy_oropeza.

Players

Jose Oropeza

Broker

$1.9M

vol

1 deal

Broker

New York MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $290 per square foot on a published $1.9M for 6,400 square feet (2020).

Visit Jose Oropeza to view all their deals.

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

8.53%

Cash-on-Cash

-2.44%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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