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47 E 130th St, New York, NY...

Camber Property Group Purchases 47 E 130th St New York From Omni New York LLC For $105M
SOLDMultiFamily

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

Jamie Renzenbrink

SVN

Broker

$210M

vol

2 deals

Broker
Camber Property Group
Camber Property GroupBuyer

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