Zack Kantor Purchases Multifamily Property At 468 West 145th Street For $1.5M
468 West 145th Street
$1,500,000
$357/SF
Building Size
4,202 SF
Asset Type
MultiFamily
Closing
Feb 4, 2025
AI
The transaction involved the sale of a multifamily asset located at 468 West 145th Street in the Hamilton Heights neighborhood. The property consists of 15 units, with a total square footage of 4,202. The sale price was set at $1,500,000, resulting in a price per unit of $100,000 and a price per square foot of $356.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,500,000
- Units: 15
- Square Footage: 4,202
- Price Per Unit: $100,000
- Price Per Square Foot: $356
- Buyer: Zack Kantor
- Seller: Jacob Harooni
- Brokers: Andrew Levine & Josh Lipton - Invictus
This transaction involved Zack Kantor as the buyer and Jacob Harooni as the seller. The deal was facilitated by brokers Andrew Levine and Josh Lipton from Invictus, representing the interests of both parties.
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
10.58%
Cash-on-Cash
-3.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93