Updated Apr 9, 2025
Isaac Abraham Of Witnick Real Estate Partners Purchases MultiFamily Property From Leon Goldenberg For $4M
467 West 164th St
$4,000,000
$408/SF
Building Size
9,795 SF
Asset Type
MultiFamily
Closing
Sep 12, 2017
About this deal
AI
The transaction involved a multi-family property located at 467 West 164th St in New York. The asset was sold for $4,000,000.00 and has a total square footage of 9795.0.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $4,000,000.00
- Address: 467 West 164th St
- Market: New York
- Square Footage: 9795.0
- Buyer: Isaac Abraham (Witnick Real Estate Partners)
- Seller: Leon Goldenberg (Goldmont Realty)
- Brokers: Erik Yankelovich (Atlas Realty Group), Shlomo Antebi (Atlas Realty Group)
- Sale Date: 09/12/2017
Isaac Abraham represented Witnick Real Estate Partners as the buyer, while Leon Goldenberg represented Goldmont Realty as the seller. Both parties were represented in the transaction by Erik Yankelovich and Shlomo Antebi from Atlas Realty Group.
On the Map
$4,000,000
$408/SF
MultiFamily
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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
3.97%
Cash-on-Cash
-1.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93