facebook
Traded Co logo
Submit

Estate Of Saul Hamond Sells Hudson Heights Multifamily For $8.9M With Marcus & Millichap Brokers

Property Image
SOLD
$8,900,000
Seth Glasser
Haley Hasho
+ 1

New York

See Similar Deals
MultiFamily46,752 SF
Sold 01/14/2022
the dealplayerscompscontact
Property Image
SOLD

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

See Similar Deals
MultiFamily46,752 SF
Sold 01/14/2022
Seth Glasser
Haley Hasho
+ 1
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$190
Total Square Footage:46,752 SF
Transaction Type:Sale

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

Haley Hasho
47 deals$378.2M volume(646) 840-8201
BROKER

Seth Glasser
Marcus & Millichap
125 deals$1.1B volume
BROKER

Joseph (Joe) Koicim
Marcus & Millichap
172 deals$2.7B volume(212) 430-5147
BROKER

Jake Kahn
Marcus & Millichap
29 deals$406.7M volume(516) 660-8075
BROKER

Details

SOLD
IMAGE: Joe Koicim, Seth Glasser, Jake Kahn & Haley Hasho DATE: 01/14/2022 ADDRESS: 803 West 180th Street MARKET: Hudson Heights ASSET TYPE: Multifamily SELLER: Estate of Saul Hamond BROKERS: Joe Koicim (@Joey1Cap), Seth Glasser (@SethGlasser1), Jake Kahn & Haley Hasho (@HaleyHasho) - Marcus & Millichap SALE PRICE: $8,900,000 UNITS: 36 ~ PPU: $247,222 SF: 46,752 ~ PPSF: $190

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$474,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$31,619.81
Cash-on-Cash Return-1.27%
Monthly Debt Service$42,190.54
Annual Debt Service$506,286.49