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Nancy Ha Acquires Multifamily Property In Manhattan For $11.2M

Property Image
SOLD
$11,200,000
Peter Von Der Ahe
Logan Markley
+ 1

New York

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MultiFamily9,550 SF
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Property Image
SOLD

Nancy Ha Acquires Multifamily Property In Manhattan For $11.2M

459 W 43rd St, New York, NY 10036, USA

See Similar Deals
MultiFamily9,550 SF
Sold
Peter Von Der Ahe
Logan Markley
+ 1
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$1172
Total Square Footage:9550 SF
Transaction Type:Sale

The multifamily property located at 459 West 43rd Street in Manhattan has been sold for a total price of $11,200,000. The property spans across a total area of 9,550 square feet, translating to a price per square foot of $1,173. The seller of the property was Genesis Investment Properties, represented by Dr. Eli Mordechai. The buyer of the property was Nancy Ha.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $11,200,000
  • Address: 459 West 43rd Street
  • City: New York
  • Market: Manhattan
  • Square Footage: 9,550 sf
  • Price per Square Foot: $1,173

The transaction was facilitated by brokers David Lloyd, Logan Markley, Joe Koicim, and Peter Von Der Ahe, who represented the parties involved in the deal.

Players

Logan Markley
67 deals$894.2M volume(212) 430-5194
BROKER

Peter Von Der Ahe
Marcus & Millichap
110 deals$1.4B volume
BROKER

David Lloyd
Marcus & Millichap
13 deals$275.2M volume
BROKER

Joseph (Joe) Koicim
Marcus & Millichap
167 deals$2.6B volume(212) 430-5147
BROKER

Details

SOLD
IMAGE: Joe Koicim, Peter Von Der Ahe, Logan Markley and Dr. Eli Mordechai ADDRESS: 459 West 43rd Street CITY: New York MARKET: Manhattan ASSET TYPE: Multifamily PRICE: $11,200,000 SF: 9,550 sf PPSF: $1,173 SELLER: Genesis Investment Properties – Dr. Eli Mordechai BUYER: Nancy Ha BROKER: David Lloyd, Logan Markley, Joe Koicim, Peter Von Der Ahe […]

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$39,791.25
Cash-on-Cash Return-1.27%
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