facebook
Traded Co logo
Submit

JAM Real Estate Partners Acquires MultiFamily Property In Upper East Side, New York For $8.5M

Property Image
SOLD

New York

See Similar Deals
MultiFamily91,850 SF
Sold 03/20/2018
the dealdetailscomps
Property Image
SOLD

JAM Real Estate Partners Acquires MultiFamily Property In Upper East Side, New York For $8.5M

529 E 83rd St, New York, NY 10028, USA

See Similar Deals
MultiFamily91,850 SF
Sold 03/20/2018
the dealdetailscomps

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$0
Total Square Footage:91,850 SF
Transaction Type:Sale

A multi-family property located at 529 East 83rd Street in New York City's Upper East Side has been sold for $8,500,000. The property spans 9,185 square feet and has a price per square foot of $925. It consists of 15 units, with a price per unit of $566,000.

Summary of transation details

  • Property Type: MultiFamily
  • Transaction Amount: $8,500,000
  • Square Footage: 9,185 sf
  • Price Per Square Foot: $925
  • Number of Units: 15
  • Price Per Unit: $566,000

JAM Real Estate Partners – Pinchasick has acquired the property from Stone Street in the transaction.

Details

SOLD
IMAGE: Father/Son, Steven Pinchasick (@poppapinky) & Jared Pinchasick (@jpinchasick) DATE: 03/20/2018 ADDRESS: 529 East 83rd Street CITY: NewYork MARKET: UpperEastSide ASSET TYPE: MultiFamily PRICE: $8,500,000 SF: 9,185 sf PPSF: $925 UNITS: 15 PPU: 566K SELLER: Stone Street BUYER: JAM Real Estate Partners – Pinchasick

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$0.00

Debt Service Coverage Ratio (DSCR)

0.00x

Cap Rate

0.00%

Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00