Updated Oct 29, 2024
Alan Mishali Acquires Mixed-Use Property In Hamilton Heights For $4.6M
4 Hamilton Terrace, New York, NY 10031, USA
$4,632,000
$908/SF
Building Size
5,100 SF
Asset Type
Single Family Residence
Closing
Nov 11, 2020
About this deal
AI
The mixed-use property located at 4 Hamilton Ter. in Hamilton Heights has been sold in a recent transaction. The property consists of approximately 5,100 square feet of buildable square footage and 3,000 square feet of total space. The sale price for this transaction was $4,632,000. The property was sold by Diocesan Missionary.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $4,632,000
- Address: 4 Hamilton Ter.
- Market: Hamilton Heights
- Buyer: Alan Mishali (@AazMishali, @SmartDesign.NYC)
- Seller: Diocesan Missionary
- Broker: Nathan Horne (@Horne.Team)
In this transaction, Alan Mishali represented by @AazMishali and @SmartDesign.NYC acted as the buyer. Assisting in the deal, Nathan Horne from the Horne Team served as the broker.
NOTE FROM BROKER: The Horne Team had a busy week with three clients transacting: 1. Alan Mishali ...
Players
New York Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $908 per square foot on a published $4.6M for 5,100 square feet (2020).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.42%
Cash-on-Cash
-0.98%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93