EOM Realty Acquires Multifamily Property On Staten Island For $3.6M
SOLD
$3,600,000
New York
See Similar DealsMultiFamily19,800 SF
Sold 04/30/2019
SOLD
EOM Realty Acquires Multifamily Property On Staten Island For $3.6M
690 Castleton Avenue, Staten Island, NY 10301
See Similar DealsMultiFamily19,800 SF
Sold 04/30/2019
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$181
Total Square Footage:19,800 SF
Transaction Type:Sale
The multifamily property located at 690 Castleton Ave in Staten Island has been sold for $3,600,000. Spanning over 19,800 square feet, the property was sold at a price per square foot of $181.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,600,000
- Address: 690 Castleton Ave, Staten Island
- Market: Staten Island
The buyer of the property is EOM Realty, represented by Noah Friedman. The seller is Doug Candella. The sale was brokered by Friedman Roth Realty Services, with Richard Guarino acting as the sales broker.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$192,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$12,790.04
Cash-on-Cash Return-1.27%
Monthly Debt Service$17,065.84
Annual Debt Service$204,790.04
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