Updated Oct 29, 2024
69 Pinehurst LLC Acquires Property At 69 Pinehurst Ave New York For $7.5M With Eric Rohe As Seller's Rep
69 Pinehurst Ave, New York, NY, 10033
$7,500,000
$277/SF
Building Size
27,000 SF
Asset Type
MultiFamily
Closing
Nov 20, 2023
About this deal
AI
The property located at 69 Pinehurst Ave, New York, NY, 10033, has a total square footage of 27,000. The transaction concluded at a price of $7,500,000.00 in the New York market.
Summary of transaction details:
- Property Type: Sale
- Transaction Amount: $7,500,000.00
- Address: 69 Pinehurst Ave, New York, NY, 10033
- Market: New York
- Square Footage: 27,000
- Seller's Representative: Eric Rohe-Halstead
- Buyer: 69 Pinehurst LLC
The deal involved Eric Rohe-Halstead representing the seller. The buyer in this transaction is 69 Pinehurst LLC, indicating a direct engagement in the property sector within New York.
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
2.12%
Cash-on-Cash
-0.60%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93