Ari Harkov - Brown Harris Stevens Acquires Multifamily Property On 45 Duffield Street In New York City For $4.2M
45 Duffield Street
$4,200,000
$1,072/SF
Building Size
3,915 SF
Asset Type
MultiFamily
Closing
Jan 25, 2023
AI
The multifamily property located at 45 Duffield Street in New York City has been sold for a price of $4,200,000. The property spans a total area of 3,915 square feet, resulting in a price per square foot of $1,073.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $4,200,000
- Address: 45 Duffield Street, New York City
- Square Footage: 3,915
- Price per Square Foot: $1,073
The seller of the property was Aaron Chang. Representing the buyer, Ari Harkov from Brown Harris Stevens played a key role in the transaction. On the seller's side, Brett Weisblum, Caroline Hodes, Jake McGuffog, and Daniel O'Brien from Cushman & Wakefield were involved in the deal.
Players
New York City 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
3.78%
Cash-on-Cash
-1.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93