Anwar Team Completes Off-Market Sale Of Harlem Multifamily Property For $3.995 Million
SOLD
New York
See Similar DealsMultiFamily5,714 SF
Sold 06/16/2025
SOLD
Anwar Team Completes Off-Market Sale Of Harlem Multifamily Property For $3.995 Million
89 West 119th Street
See Similar DealsMultiFamily5,714 SF
Sold 06/16/2025
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$699
Total Square Footage:5,714 SF
Transaction Type:Sale
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
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$213,066.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$14,193.38
Cash-on-Cash Return-1.27%
Monthly Debt Service$18,938.34
Annual Debt Service$227,260.06
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