Updated Dec 2, 2024
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
About this deal
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 , 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