Junxiang Yin Purchases Single Family Residence In Harlem, Manhattan For $2M
SOLD
$2,000,000
New York
See Similar DealsSingle Family Residence3,024 SF
Sold 06/17/2024
SOLD
Junxiang Yin Purchases Single Family Residence In Harlem, Manhattan For $2M
246 West 123rd Street
See Similar DealsSingle Family Residence3,024 SF
Sold 06/17/2024
Summary
NEW YORK
Asset Type:Single Family Residence
Price Per Square Foot:$661
Total Square Footage:3,024 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$106,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,105.57
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,481.02
Annual Debt Service$113,772.24
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