Updated Sep 9, 2024
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
About this deal
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