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45 Duffield Street

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

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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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