Updated Jun 27, 2025
Anwar Team Completes Off-Market Sale Of Harlem Multifamily Property For $3.995 Million
89 West 119th Street
$3,995,000
$699/SF
Building Size
5,714 SF
Asset Type
MultiFamily
Closing
Jun 15, 2025
About this deal
AI
The asset involved in this transaction is a multifamily property located at 89 West 119th Street in Harlem, Manhattan. This property was sold for $3,995,000, with a total square footage of 5,714, resulting in a price per square foot of $699.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,995,000
- Address: 89 West 119th Street
- Market: Harlem, Manhattan
- Square Footage: 5,714
- Price Per Square Foot: $699
The Anwar Team, consisting of Shimaa Anwar, Anna Kalogridis, and Esraa Anwar from Compass, represented the buyer directly to the seller, completing this notable transaction off-market.
Players
New York 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
3.97%
Cash-on-Cash
-1.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93