Updated Dec 4, 2024
Junxiang Yin Purchases Single Family Residence In Harlem, Manhattan For $2M
246 West 123rd Street
$2,000,000
$661/SF
Building Size
3,024 SF
Asset Type
Single Family Residence
Closing
Jun 17, 2024
About this deal
AI
The single-family residence located at 246 West 123rd St in Harlem, Manhattan was sold for $2,000,000. The property spans 3,024 square feet, resulting in a price per square foot of $661.
Summary of transaction details:
- Property Type: Single Family Residence
- Transaction Amount: $2,000,000
- Buyer: Junxiang Yin
- Seller: George Moorer
- Broker: Traci Byers - Brown Harris Stevens
- Address: 246 West 123rd St
- Market: Harlem, Manhattan
Traci Byers from Brown Harris Stevens facilitated the transaction between the buyer, Junxiang Yin, and the seller, George Moorer, for the single-family residence at 246 West 123rd St in Harlem, Manhattan.
Players
New York Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $661 per square foot on a published $2M for 3,024 square feet (2024).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.93%
Cash-on-Cash
-2.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93