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87 Beadel Street

Updated Sep 9, 2024

Adiv Family Sells Multifamily Property On Beadel Street For $2.7M With Brokers Ari Harkov & Avishai Adiv - New York City
SOLDMultiFamily

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

About this deal

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.

On the Map

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$2,700,000

$1,227/SF

MultiFamily

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Players

Ari Harkov

Brown Harris Stevens

Broker

$429.1M

vol

86 deals

Broker
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New York City MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $1.2K per square foot on a published $2.7M for 2,200 square feet (2023).

Visit Avishai (Avi) Adiv to view all their deals.

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

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