facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Multifamily

/

Sale

/

454 Van Duzer Street, State...

Goldmont Realty Acquires Multifamily Property In Stapleton, Staten Island For $6.8M
SOLDMultiFamily

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

Peter Vanderpool

Cignature Realty Associates

Broker

$507M

vol

13 deals

Broker
GR
Goldmont RealtyBuyer

New York MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

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