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39 Purdy Street

Gianni Scrironi Acquires 13-Unit Multifamily In Harrison For $2.7M
SOLDMultiFamily

Gianni Scrironi Acquires 13-Unit Multifamily In Harrison For $2.7M

39 Purdy Street

$2,700,000

$243/SF

Building Size

11,076 SF

Asset Type

MultiFamily

Closing

Apr 14, 2023

AI

The multifamily property located at 39 Purdy Street in Harrison has been sold for a total price of $2,700,000. The property consists of 13 units, resulting in a price per unit of $207,692. The total square footage of the property is 11,076, with a price per square foot of $244.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $2,700,000
  • Units: 13
  • Price per Unit: $207,692
  • Square Footage: 11,076
  • Price per Square Foot: $244
  • Address: 39 Purdy Street, Harrison

Gianni Scrironi has purchased the property from Dale Kahno. The transaction was facilitated by brokers Michael Nukho and Lukasz Przybylek from NuRealty Advisors.

Players

Michael Nukho

NuRealty Advisors

Broker

$72.7M

vol

16 deals

Broker

Market 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

5.88%

Cash-on-Cash

-1.68%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93