Updated Oct 29, 2024
EOM Realty Acquires Multifamily Property On Staten Island For $3.6M
690 Castleton Avenue, Staten Island, NY 10301
$3,600,000
$181/SF
Building Size
19,800 SF
Asset Type
MultiFamily
Closing
Apr 29, 2019
About this deal
AI
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.
On the Map
$3,600,000
$181/SF
MultiFamily
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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
4.41%
Cash-on-Cash
-1.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93