SOLD
PH Realty Capital Acquires Mixed-Use Property On 545 W. 125th St. In West Harlem
545 West 125th Street
Mixed-use
29,436 SF
29,436 SF
Summary
Sale
NEW YORK
Mixed-use
29,436 sqft
Located at 545 W. 125th St., in the market of West Harlem, a mixed-use property was recently sold. The transaction took place on January 15, 2021.
Summary of transation details
- Property Type: Mixed-use
- Transaction Amount: $6,150,000
- Square Footage: 29,436 SF
- Price per Square Foot: $209
- Number of Units: 52
- Price per Unit: $118,000
- Capitalization Rate: 7.5%
- Gross Rent Multiplier: 7.3x
The buyer in this transaction was PH Realty Capital, represented by Peter Hungerford. The seller was Chosen Realty, represented by Jeffrey Farkas. The deal was facilitated by brokers Amit Doshi and Seth Levine, from the Meridian Capital Group.
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Details
SOLD
IMAGE: Amit Doshi, Seth Levine
DATE: 01/15/2021
ADDRESS: 545 W. 125th St.
MARKET: West Harlem
ASSET TYPE: Mixed-use
BUYER: PH Realty Capital - Peter Hungerford
SELLER: Chosen Realty - Jeffrey Farkas
BROKERS: Amit Doshi & Seth Levine - Meridian Capital Group
PRICE: $6,150,000
SF: 29,436 ~ PPSF: $209
UNITS: 52 ~ PPU: 118,000
CAP: 7.5% ~ GRM: 7.3xView on map
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Address545 West 125th Street
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