$5M Hamilton Heights Multifamily Sale At 532 West 152nd Street - Ariel Property Advisors
532 West 152nd Street, New York City, New York 10031, United States
$5,000,000
$356/SF
Building Size
14,029 SF
Asset Type
MultiFamily
Closing
Apr 10, 2022
AI
Located in Hamilton Heights, Manhattan, a multifamily property at 532 West 152nd Street has been sold for $5,000,000. The property consists of 21 units, with a price per unit of $238,095. The total square footage of the property is 14,700, making the price per square foot $340.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $5,000,000
- Units: 21
- Price per Unit: $238,095
- Square Footage: 14,700
- Price per Square Foot: $340
Victor Sozio and James Nestor from Ariel Property Advisors represented the parties involved in the transaction as brokers.
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
3.17%
Cash-on-Cash
-0.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93