facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Multifamily

/

Sale

/

770 Macdonough Street

Fellippe Baytelman Acquires Multifamily Property On Macdonough Street For $1.525M
SOLDMultiFamily

Fellippe Baytelman Acquires Multifamily Property On Macdonough Street For $1.525M

770 Macdonough Street

$1,525,000

$693/SF

Building Size

2,200 SF

Asset Type

MultiFamily

Closing

Mar 15, 2023

AI

The recently closed property transaction in New York City involved a multifamily asset located at 770 Macdonough Street. The property spans over 2,200 square feet and consists of 2 units. The sale price for this transaction was $1,525,000, resulting in a price per unit of $762,500 and a price per square foot of $693.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,525,000
  • Address: 770 Macdonough Street, New York City
  • Market: New York City
  • Buyer: Fellippe Baytelman
  • Seller: Nan Sandle
  • Brokers: David Avgi & Ovi Lazari - Avenues Real Estate
  • Units: 2
  • Price per Unit: $762,500
  • Square Footage: 2,200
  • Price per Square Foot: $693

The transaction was facilitated by the Avenues Real Estate team, represented by David Avgi and Ovi Lazari. Known for their expertise in the New York real estate market, the AVGI team provides a wide range of services to buyers, sellers, and investors, assisting them in navigating the complexities of the buying and selling process. With their commitment to excellence and dedication to client satisfaction, the AVGI team has established themselves as one of the leading real estate teams in the area.

Contact Us today to explore more opportunities in the thriving New York City real estate market!

Players

David Avgi

Avenues Real Estate

Broker

$81.2M

vol

24 deals

Broker

Market MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

10.40%

Cash-on-Cash

-2.97%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93