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87 Saratoga Avenue

Updated Dec 2, 2024

 Acquires Multifamily Property On Saratoga Avenue For $1.82M
SOLDMultiFamily

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.

On the Map

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$1,820,000

$813/SF

MultiFamily

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Players

David Chang

Compass

Broker

$211.7M

vol

46 deals

Broker

Natalia Harvey

Seller

$24.7M

vol

7 deals

Seller
Carlyle Group
Carlyle GroupLender
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Market MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $813 per square foot on a published $1.8M for 2,238 square feet (2023).

Visit David Chang to view all their deals.

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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

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