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645 Humboldt Street

Updated Sep 5, 2024

Christie LaRusso Of The Harkov Lewis Team At Brown Harris Stevens Represents Buyer In $2.1M Multifamily Sale At St, New York City
SOLDMultiFamily

Christie LaRusso Of The Harkov Lewis Team At Brown Harris Stevens Represents Buyer In $2.1M Multifamily Sale At St, New York City

645 Humboldt Street

$2,100,000

$1,133/SF

Building Size

1,852 SF

Asset Type

MultiFamily

Closing

Nov 8, 1922

About this deal

AI

The multifamily property located at Street in New York City has been sold for a price of $2,100,000. Spanning a total of 1,852 square feet, the property was purchased at an average price per square foot of $1,134.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $2,100,000
  • Address: Street, New York City
  • Square Footage: 1,852
  • Price Per Square Foot: $1,134

Representing the buyer in this transaction was Christie LaRusso from The Harkov Lewis Team at Brown Harris Stevens. On the seller's side, John McSherry and Maryann Milovcic from Douglass Elliman acted as the representatives. These individuals played crucial roles in ensuring the successful completion of the deal.

Players

John McSherry

Douglas Elliman

Broker

$5.3M

vol

2 deals

Broker

New York MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $1.1K per square foot on a published $2.1M for 1,852 square feet.

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

7.55%

Cash-on-Cash

-2.16%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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