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45 Duffield Street

Updated Sep 9, 2024

Bilt advertisement
Ari Harkov - Brown Harris Stevens Acquires Multifamily Property On 45 Duffield Street In New York City For $4.2M
SOLDMultiFamily

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

Brett Weisblum

Cushman & Wakefield

Broker

$142.5M

vol

16 deals

Broker

Aaron Chang

Seller

$21.5M

vol

3 deals

Seller

New York City MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $1.1K per square foot on a published $4.2M for 3,915 square feet (2023).

Visit Jake McGuffog to view all their deals.

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

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