Greenbrook & Carlyle Group Acquires Multifamily Property On Saratoga Avenue For $1.82M
87 Saratoga Avenue
$1,820,000
$813/SF
Building Size
2,238 SF
Asset Type
MultiFamily
Closing
Mar 27, 2023
AI
The multifamily property located at 87 Saratoga Avenue in New York City has been sold in a transaction that closed on 03/27/2023. The property spans 2,238 square feet and was sold at a price of $1,820,000, resulting in a price per square foot of $813.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,820,000
- Address: 87 Saratoga Avenue, New York City
- Market: New York City
The buyer of the property is Greenbrook & Carlyle Group, while the seller is Natalia Harvey. Representing the transaction as the broker is David Chang from Compass.
Players
Market 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
8.72%
Cash-on-Cash
-2.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93