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41-35 Hampton Street, Queen...

Trupia Family Sells Multifamily Properties In Manhattan And Queens For $8.5M With RPR Ventures As Brokers
SOLDMultiFamily

Trupia Family Sells Multifamily Properties In Manhattan And Queens For $8.5M With RPR Ventures As Brokers

41-35 Hampton Street, Queens, New York 11373, United States

$8,500,000

Building Size

Asset Type

MultiFamily

Closing

Jan 4, 2022

AI

The multifamily property located at 41-35 & 41-53 Hampton St. and 162 West 141st in Manhattan, Queens, was recently sold for a total of $8,500,000. The transaction took place on January 4th, 2022, and involved the sale of 61 units. The sale price per unit was $139,344, making it an attractive investment opportunity for the buyer.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $8,500,000
  • Address: 41-35 & 41-53 Hampton St. & 162 West 141st, Manhattan, Queens
  • Market: Manhattan, Queens
  • Units: 61
  • Price Per Unit: $139,344

The sellers of this property were the Trupia Family, who decided to entrust the transaction to Ryan Perkoski and John Martisch from RPR Ventures. Their expertise in the market and excellent negotiating skills contributed to the successful sale of the property. The Trupia Family can be confident in their choice of representation throughout the deal.

Players

John Martisch

Broker

$70.5M

vol

14 deals

Broker

New York 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

1.87%

Cash-on-Cash

-0.53%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93