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548 West 164th Street

548 West 164th Street
SOLDMultiFamily

548 West 164th Street

548 West 164th Street

$45,000,000

Building Size

Asset Type

MultiFamily

Closing

Nov 6, 2013

AI

The property asset involved in this transaction is located at 548 West 164th Street, New York. It is categorized as a MultiFamily asset. The transaction was completed on 11/06/2013.

Summary of transaction details:

This transaction involved buyer Michael Aryeh, who acquired the property through the representation of brokers Josh Lipton and Andrew Levine, both affiliated with Invictus. The details of the deal highlight the professionals involved in facilitating the transaction within the New York market.

Players

Andrew Levine

Invictus Property Advisors

Broker

$453.3M

vol

67 deals

Broker
Michael Aryeh

Michael Aryeh

Buyer

$45M

vol

4 deals

Buyer

Joel Rabine

Seller
Seller

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

0.35%

Cash-on-Cash

-0.10%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93