Camber Property Group Purchases 47 E 130th St New York From Omni New York LLC For $105M
47 E 130th St, New York, NY, 10037
$105,000,000
Building Size
—
Asset Type
MultiFamily
Closing
Nov 23, 2021
AI
The property involved in this transaction is located at 47 E 130th St, New York, NY, 10037. The transaction was completed at a price of $105,000,000.00 with no specified square footage. The market for this sale is New York.
Summary of transaction details:
- Property Type: Sale
- Transaction Amount: $105,000,000.00
- Address: 47 E 130th St, New York, NY, 10037
- Market: New York
- Seller: Omni New York LLC
- Buyer: Camber Property Group
- Seller's Representative: Jamie Renzenbrink - SVN
This transaction involves Camber Property Group as the buyer, while Omni New York LLC is the seller. The deal was represented by Jamie Renzenbrink from SVN, who facilitated the negotiation between the parties involved.
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
0.15%
Cash-on-Cash
-0.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93