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

Property Image
SOLD
$4,200,000
Daniel (Dan) O'Brien
Brett Weisblum
+ 3

New York

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MultiFamily3,915 SF
Sold 01/25/2023
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Property Image
SOLD

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

45 Duffield Street

See Similar Deals
MultiFamily3,915 SF
Sold 01/25/2023
Daniel (Dan) O'Brien
Brett Weisblum
+ 3
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$1,072
Total Square Footage:3,915 SF
Transaction Type:Sale

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
16 deals$142.5M volume
BROKER

Caroline Hodes
Newmark
93 deals$1.8B volume(516) 263-9404
BROKER

Ari Harkov
Brown Harris Stevens
86 deals$429.1M volume(212) 381-4246
BROKER

Jake McGuffog
Cushman & Wakefield
6 deals$56.3M volume
BROKER

Daniel (Dan) O'Brien
Newmark
145 deals$4.6B volume(212) 698-5584
BROKER

Details

SOLD
IMAGE: Ari Harkov, Daniel O'Brien, Brett Weisblum, Jake McGuffog & Caroline Hodes DATE: 01/25/2023 ADDRESS: 45 Duffield Street MARKET: New York City ASSET TYPE: Multifamily SELLER: Aaron Chang BUYER'S REP: Ari Harkov (@AriHarkov) (@HarkovLewisTeam) - Brown Harris Stevens (@BrownHarrisStevens) SELLER'S REP: Brett Weisblum (@Brett_Weisblum), Caroline Hodes (@CarolineHodes), Jake McGuffog (@JakeMcguffog), & Daniel O'brien - Cushman & Wakefield (@CushWake) SALE PRICE: $4,200,000 SF: 3,915 ~ PPSF: $1,073 &Wakefield

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$14,921.72
Cash-on-Cash Return-1.27%
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