Updated Sep 5, 2024
Jackson Family Sells Multifamily Property In New York City For $1.9M With Marcel Fridman - Barcel Group
422 Himrod Street
$1,900,000
$389/SF
Building Size
4,875 SF
Asset Type
MultiFamily
Closing
Feb 10, 2023
About this deal
AI
The multifamily property located at 422 Himrod Street in New York City has been sold in a recent transaction. The property, spanning 4,875 square feet, consists of 6 units. The sale price for this property was $1,900,000, resulting in a per unit price of $316,667. The price per square foot was calculated as $390. The seller of this property was the Jackson Family.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,900,000
- Units: 6
- Price per Unit: $316,667
- Square Footage: 4,875
- Price per Square Foot: $390
- Address: 422 Himrod Street, New York City
The sale of this property was facilitated by Marcel Fridman from the Barcel Group, who served as the broker. The building was delivered fully vacant, as stated by the broker.
Players
Market MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Marcel Fridman to view all their deals.
Browse New York multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
8.35%
Cash-on-Cash
-2.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93