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496 Wilson Avenue

Greenbrook Partners & Carlyle Group Acquire Multifamily Property On Wilson Avenue In New York City For $4.02M
SOLDMultiFamily

Greenbrook Partners & Carlyle Group Acquire Multifamily Property On Wilson Avenue In New York City For $4.02M

496 Wilson Avenue

$4,020,000

$879/SF

Building Size

4,572 SF

Asset Type

MultiFamily

Closing

Apr 18, 2023

AI

A multifamily property located at 496 Wilson Avenue in New York City has been sold. The property spans 4,572 square feet and was sold for a total price of $4,020,000, resulting in a price per square foot of $879.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $4,020,000
  • Address: 496 Wilson Avenue
  • Market: New York City

The buyers of the property are Greenbrook Partners and Carlyle Group. The seller is Natalia Harvey. The transaction was facilitated by the broker David Chang from Compass.

Players

David Chang

Compass

Broker

$211.7M

vol

46 deals

Broker

Natalia Harvey

Seller

$24.7M

vol

7 deals

Seller

Market 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

3.95%

Cash-on-Cash

-1.13%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93