Updated Mar 5, 2025
Landmark Commercial Realty Brokers $3.7M Sale Of 18-Unit Multifamily In York, PA
50 North Duke Street
$3,700,000
Units
18
Asset Type
MultiFamily
Closing
Mar 5, 2025
About this deal
AI
The property involved in this transaction is an 18-unit multifamily apartment complex located at 50 North Duke Street in York, PA. The property was sold for $3,700,000, achieving a price per unit of $205,556.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,700,000
- Units: 18
- Price Per Unit: $205,556
- Address: 50 North Duke Street
- Market: York, PA
This transaction was brokered by Kevin Agnew and Mike Rohm from Landmark Commercial Realty, who represented the seller and successfully secured the buyer through a marketing campaign that garnered over 70,000 views.
Players
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
4.29%
Cash-on-Cash
-1.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93