Updated May 11, 2026
Miklos A. Vasarhelyi Acquires Multifamily Property In Chinatown, Manhattan From Eugene Leung For $3.6M
73 Mott Street New York, New York 10013, USA
Building Size
11,112 SF
Asset Type
MultiFamily
Closing
May 30, 2023
About this deal
AI
Miklos A. Vasarhelyi has acquired a multifamily property located at 73 Mott Street in Chinatown, Manhattan, from Eugene Leung for a sale price of $3,558,888. The property is a multifamily asset comprised of 16 units with a price per unit (PPU) of $222,431. It spans a total area of 11,112 square feet, resulting in a price per square foot (PPSF) of $320.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $3,558,888
- Address: 73 Mott Street
- Market: Chinatown, Manhattan
- Buyer: Miklos A. Vasarhelyi
- Seller: Eugene Leung
- Units: 16
- PPU: $222,431
- SF: 11,112
- PPSF: $320
The transaction between Miklos A. Vasarhelyi and Eugene Leung was completed on May 30, 2023. Miklos A. Vasarhelyi's acquisition of this multifamily property in Chinatown highlights their investment in the Manhattan real estate market.
Players
New York MultiFamily Market Snapshot
Boundary boundary · MultiFamily · All transaction types transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93