SOLD
Aulder Capital Acquires Multifamily Property In Yorkville, Upper East Side For $21.7M
409-413 East 84th Street
MultiFamily
31,152 SF
31,152 SF
Sold 1 year ago
Summary
Sale
NEW YORK
MultiFamily
31,152 sqft
A multifamily property located at 409-413 East 84th Street in Yorkville, Upper East Side has been sold for a total of $21,700,000. The property consists of 48 units, with a per unit price of $452,083. The total square footage of the property is 31,152, resulting in a price per square foot of $696. The Gross Rent Multiplier (GRM) for this transaction is 16.4x, and the capitalization rate (CAP) is 4%.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $21,700,000
- Market: Yorkville, Upper East Side
The buyer of the property is Aulder Capital, while the seller is Henley Investments. The deal was facilitated by Amit Doshi & Shallini Mehra, representing Meridian Capital Group as brokers.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: Amit Doshi & Shallini Mehra
DATE: 06/22/2021
ADDRESS: 409-413 East 84th Street
MARKET: Yorkville, Upper East Side
ASSET TYPE: Multifamily
BUYER: Aulder Capital
SELLER: Henley Investments
BROKERS: Amit Doshi & Shallini Mehra (@TeamDoshi) - Meridian Capital Group
SALE PRICE: $21,700,000
UNITS: 48 ~ PPU: $452,083
SF: 31,152 ~ PPSF: $696
GRM: 16.4x
CAP: 4%View on map
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Address409-413 East 84th Street
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