Doron Greenberg & Aviad Ohayon Acquire Multifamily In East Harlem For $28.2M
69 East 125th Street
$28,200,000
Building Size
—
Asset Type
MultiFamily
Closing
Oct 16, 2023
AI
A multifamily property located at 69 East 125th Street in East Harlem has been sold for a total price of $28,200,000. The property consists of 77 units, resulting in a price per unit of approximately $366,234. The transaction was facilitated by the brokers Victor Sozio, Shimon Shkury, Mark Anderson, and Gabriel Elyaszadeh from Ariel Property Advisors.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $28,200,000
- Address: 69 East 125th Street
- Market: East Harlem
- Buyer: Doron Greenberg & Aviad Ohayon - GO-RE Partners
- Seller: Thomas Ryan - Greystone Development
- Brokers: Victor Sozio, Shimon Shkury, Mark Anderson, & Gabriel Elyaszadeh - Ariel Property Advisors
- Units: 77
- Price per Unit: $366,234
Doron Greenberg and Aviad Ohayon, representing GO-RE Partners, were the buyers of the multifamily property. The seller, Thomas Ryan, belonged to Greystone Development. The brokers involved in the deal were Victor Sozio, Shimon Shkury, Mark Anderson, and Gabriel Elyaszadeh from Ariel Property Advisors. This transaction highlights the collaborative efforts of these key individuals and companies in the real estate market.
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
0.56%
Cash-on-Cash
-0.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93