Updated Dec 21, 2023
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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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