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452 W 142nd St, New York, N...

Updated Dec 21, 2023

David Wilstshire-Craine Acquires Multifamily Property In Harlem For $2.75M
SOLDMultiFamily

David Wilstshire-Craine Acquires Multifamily Property In Harlem For $2.75M

452 W 142nd St, New York, NY 10031, USA

$2,750,000

$485/SF

Building Size

5,668 SF

Asset Type

MultiFamily

Closing

Aug 13, 2020

About this deal

AI

A multifamily property located at 452 West 142 Street in Harlem has been sold in a closed transaction. The property has a lot size of 18 ft x 99.92 ft and is zoned for R6A. The total square footage of the property is 5,668 with a price per square foot of $485. The transaction took place between buyer David Wilstshire-Craine and seller Jeffrey D. Zukeuna. The property was sold for $2,750,000, with the previous sale price recorded at $3,075,000 in November 2015.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $2,750,000
  • Square Footage: 5,668
  • Price per Square Foot: $485
  • Address: 452 West 142 Street, Harlem
  • Zoning: R6A
  • Lot Size: 18 ft x 99.92 ft
  • Previous Sale Price: $3,075,000 (11/2015)

The buyer, David Wilstshire-Craine, represented himself in the deal. The seller, Jeffrey D. Zukeuna, also did not have a representative involved in the transaction.

Players

New York MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $485 per square foot on a published $2.8M for 5,668 square feet (2020).

Browse New York multifamily sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.77%

Cash-on-Cash

-1.65%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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