facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Multifamily

/

Sale

/

496 Laguardia Pl, New York,...

FCA Sells 496 Laguardia Pl New York NY For $2.98M With Representatives Erik And Jeffrey Nissani
SOLDMultiFamily

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

Erik Nissani

Lang Realty

Broker

$7.3M

vol

6 deals

Broker
LMF Commercial
LMF CommercialBrokerage
FCA
FCASeller

New York MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

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