Yaniv Grinberg & Nathaniel Smith Brokered a Multifamily Property At 41-15 Warren Street In Elmhurst For $1.95M
41-15 Warren Street
$1,950,000
$195/SF
Building Size
10,000 SF
Asset Type
MultiFamily
Closing
Jul 19, 2024
AI
The property asset involved in the transaction is a multifamily building located at 41-15 Warren Street in the Elmhurst market. The sale price was $1,950,000 for a total square footage of 10,000, resulting in a price per square foot of $195.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,950,000
- Seller: Konnie Rutman
- Broker: Yaniv Grinberg & Nathaniel Smith - Oxford Property Group
- Market: Elmhurst
- Square Footage: 10,000
- Price per Square Foot: $195
The key individuals involved in this deal are seller Konnie Rutman, along with brokers Yaniv Grinberg and Nathaniel Smith, who represented the transaction through Oxford Property Group. This transaction highlights the collaborative efforts of these professionals in facilitating the sale.
Players
Elmhurst 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
8.13%
Cash-on-Cash
-2.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93