Updated Sep 9, 2024
Amit Doshi & Shallini Mehra Acquire Multifamily Property In Washington Heights For $3.4M
511 West 184th Street, New York City, New York 10033, United States
$3,400,000
$191/SF
Building Size
17,760 SF
Asset Type
MultiFamily
Closing
Dec 13, 2021
About this deal
AI
A multifamily property located at 511 West 184th Street in Washington Heights has been sold for a price of $3,400,000. The property spans across 17,760 square feet, resulting in a price per square foot of $191.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,400,000
- Address: 511 West 184th Street
- Market: Washington Heights
The transaction was facilitated by Amit Doshi and Shallini Mehra from Meridian Capital Group. They represented the parties involved in the deal.
The multifamily sale at 511 West 184th Street, New York City, New York 10033, United States in New York, New York sold for $3.4M in 2021. The building is 17,760 square feet, implying about 191 per square foot on the published price. Amit Doshi, Shallini Mehra, Meridian Capital Group appear on the sale alongside Meridian Capital Group. This page is the New York, New York file for the 511 West 184th Street, New York City, New York 10033, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same New York sit in the Market section below. Filter that New York multifamily set by closing date to see what else sold near 511 West 184th Street, New York City, New York 10033, United States around 2021. Published consideration for 511 West 184th Street, New York City, New York 10033, United States is $3.4M, dated 2021. Cite this Amit Doshi & Shallini Mehra Acquire Multifamily Property In Washington Heights For $3.4M sale when underwriting similar multifamily product around New York, New York.
Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.67%
Cash-on-Cash
-1.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93