Adiv Family Sells Multifamily Property On Beadel Street For $2.7M With Brokers Ari Harkov & Avishai Adiv - New York City
87 Beadel Street
$2,700,000
$1,227/SF
Building Size
2,200 SF
Asset Type
MultiFamily
Closing
Jan 13, 2023
AI
The multifamily property located at 87 Beadel Street in New York City has been sold for a transaction price of $2,700,000. The property spans across 2,200 square feet, resulting in a price per square foot of $1,227. This sale was completed by the Adiv Family, who acted as the seller. The deal was facilitated by two brokers, Ari Harkov of Brown Harris Stevens and Avishai Adiv of Brick Real Estate.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,700,000
- Square Footage: 2,200
- Price per Square Foot: $1,227
- Address: 87 Beadel Street, New York City
Ari Harkov of Brown Harris Stevens and Avishai Adiv of Brick Real Estate played crucial roles in the successful completion of this sale.
Players
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
5.88%
Cash-on-Cash
-1.68%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93