Goldmont Realty Acquires Multifamily Property In Stapleton, Staten Island For $6.8M
454 Van Duzer Street, Staten Island, New York 10304, United States
$6,800,000
$166/SF
Building Size
40,800 SF
Asset Type
MultiFamily
Closing
Mar 28, 2022
AI
The multifamily property located at 454-484 Van Duzer Street in Stapleton, Staten Island has been sold for $6,800,000. The transaction took place on 03/29/2022. The property consists of 64 units with a price per unit of $106,250. It spans across 40,800 square feet, resulting in a price per square foot of $166. The buyer was Goldmont Realty, while the seller was B Gans Management. The deal was facilitated by brokers Lazer Sternhell and Peter Vanderpool from Cignature Realty Associates.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $6,800,000
- Units: 64
- Price per Unit: $106,250
- Square Feet: 40,800
- Price per Square Foot: $166
- Address: 454-484 Van Duzer Street
- Market: Stapleton, Staten Island
Cignature Realty Associates, represented by brokers Lazer Sternhell and Peter Vanderpool, played a key role in the sale of this multifamily property. Cignature Realty is a renowned real estate firm and a leader in New York Metro multifamily and mixed-use apartment building sales. To explore their sold deals, recent news, market reports, and current listings, visit CignatureRealty.com.
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
2.33%
Cash-on-Cash
-0.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93