5480 Quakertown Ave Multifamily Sells For $13.86M With Brokers Mike Hanassab, Elliot Hassan & John Katnik
SOLD
$13,860,000
New York
See Similar DealsMultiFamily377,850 SF
Sold 07/31/2020
SOLD
5480 Quakertown Ave Multifamily Sells For $13.86M With Brokers Mike Hanassab, Elliot Hassan & John Katnik
5480 Quakertown Ave, Woodland Hills, Ca 91364, Usa
See Similar DealsMultiFamily377,850 SF
Sold 07/31/2020
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$36
Total Square Footage:377,850 SF
Transaction Type:Sale
A multifamily property located at 5480 Quakertown Ave was recently sold in a closed transaction. The property spans 37,785 square feet and consists of 57 units. The sale price for this transaction was $13,860,000, resulting in a price per square foot of $366.81. The per unit price was $243,158.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $13,860,000
- Square Footage: 37,785
- Number of Units: 57
The transaction was facilitated by brokers Mike Hanassab, Elliot Hassan, and John Katnik.
Players
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$739,200.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$49,241.65
Cash-on-Cash Return-1.27%
Monthly Debt Service$65,703.47
Annual Debt Service$788,441.65
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