FCA Sells 496 Laguardia Pl New York NY For $2.98M With Representatives Erik And Jeffrey Nissani
496 Laguardia Pl, New York, NY, 10012
$2,980,000
$248/SF
Building Size
11,989 SF
Asset Type
MultiFamily
Closing
Nov 20, 2023
AI
The property asset involved in this transaction is located at 496 Laguardia Pl, New York, NY, 10012. The sale was completed for a price of $2,980,000.00, encompassing a total square footage of 11,989 in the New York market.
Summary of transaction details:
- Property Type: Sale
- Transaction Amount: $2,980,000.00
- Address: 496 Laguardia Pl, New York, NY, 10012
- Market: New York
- Seller: FCA
- Buyer: FCA
- Seller's Representatives: Erik Nissani, Jeffrey Nissani
Erik Nissani and Jeffrey Nissani represented the seller in this transaction, providing professional brokerage services to facilitate the sale. The buyer, FCA, also served as the seller in this transaction, indicating a unique situation in this deal.
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
5.32%
Cash-on-Cash
-1.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93