SOLDMultiFamily
Multifamily Asset At 4000 Florence Drive Sold In Latham With Brokers Steven Roth And Aaron Jungreis
4000 Florence Drive
Building Size
133,782 SF
Asset Type
MultiFamily
Closing
Aug 14, 2025
AI
The asset involved in this transaction is a multifamily property located at 4000 Florence Drive in Latham. The property spans a total of 133,782 square feet.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not Disclosed
- Address: 4000 Florence Drive
- Market: Latham
- Asset Size: 133,782 SF
The brokers representing this sale are Steven Roth, Steve David, and Aaron Jungreis from Rosewood Realty Group.
Players
Latham 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
0.53%
Cash-on-Cash
-0.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93