Estate Of Saul Hamond Sells Hudson Heights Multifamily For $8.9M With Marcus & Millichap Brokers
803 West 180th Street, New York City, New York 10033, United States
$8,900,000
$190/SF
Building Size
46,752 SF
Asset Type
MultiFamily
Closing
Jan 14, 2022
AI
The multifamily property located at 803 West 180th Street in Hudson Heights has been sold for a total price of $8,900,000. The property consists of 36 units, with an average price per unit of $247,222. The total square footage of the property is 46,752, with a price per square foot of $190.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $8,900,000
- Units: 36
- Price per Unit: $247,222
- Total Square Footage: 46,752
- Price per Square Foot: $190
The sale of this property was facilitated by Joe Koicim, Seth Glasser, Jake Kahn, and Haley Hasho from Marcus & Millichap. They acted as representatives for the seller, the Estate of Saul Hamond.
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
1.78%
Cash-on-Cash
-0.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93