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

/

815 Herkimer Street

Dennis Cetinkaya Acquires 4-Unit Multifamily In New York City For $960,000
SOLDMultiFamily

Dennis Cetinkaya Acquires 4-Unit Multifamily In New York City For $960,000

815 Herkimer Street

$960,000

$306/SF

Building Size

3,136 SF

Asset Type

MultiFamily

Closing

Jan 12, 2023

AI

The multifamily property at 815 Herkimer Street in New York City has been sold in a closed transaction. The property consists of four units with a total square footage of 3,136. The sale price for the property was $960,000, resulting in a price per unit of $240,000 and a price per square foot of $306. The buyer of the property was Dennis Cetinkaya, and the seller was Curtis Jenkins.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $960,000
  • Units: 4
  • Price per Unit: $240,000
  • Square Footage: 3,136
  • Price per Square Foot: $306
  • Buyer: Dennis Cetinkaya
  • Seller: Curtis Jenkins

Dennis Cetinkaya, the buyer of the property, expressed interest in finding similar deals. He can be contacted at 6467158776.

Players

Dennis Cetinkaya

Broker

$21.5M

vol

7 deals

Broker

New York City 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

16.52%

Cash-on-Cash

-4.72%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93