Mariana De Souza Acquires Multifamily On East 136th St. For $1.15M
416 East 136th Street
$1,150,000
$547/SF
Building Size
2,100 SF
Asset Type
MultiFamily
Closing
Dec 5, 2022
AI
The property involved in this transaction is a multifamily asset located at 416 East 136th Street in New York City. The sale price for this property was $1,150,000, encompassing a total square footage of 2,100. The property comprises 2 units, resulting in a price per unit of $575,000 and a price per square foot of $548.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,150,000
- Units: 2
- Square Footage: 2,100
- Price Per Unit: $575,000
- Price Per Square Foot: $548
- Buyer: Mariana De Souza
- Seller: Kingsland Properties
- Brokers: Sultan Rashid & Ali Rashid - Kingsland Properties
- Date of Transaction: 12/05/2022
Mariana De Souza is the buyer of the property, while Kingsland Properties acted as the seller in this transaction. Sultan Rashid and Ali Rashid, representing Kingsland Properties, facilitated the deal between the buyer and the seller.
Players
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
13.79%
Cash-on-Cash
-3.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93