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PH Realty Capital Acquires Mixed-Use Property On 545 W. 125th St. In West Harlem

545 West 125th Street
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This Mixed-use property located in NY was sold for $6,150,000 about 3 years ago. The brokers of the deal were Seth Levine and Amit Doshi

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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Deals
  • Location
    545 W 125th St, Manhattan, New York, NY, USA545 W 125th St, Manhattan, New York, NY, USA
  • Sale Price
    $6,150,000$6,150,000
    $208 PPSF$208 PPSF
  • Area
    29,436 SF29,436 SF
  • Asset Type
    Mixed-useMixed-use
  • Parties
    2 Brokers, 1 Agency2 Brokers, 1 Agency

Agents

Seth Levine

Seth Levine

Deals2
Sold$9.9M

Amit Doshi

Amit Doshi

Deals58
Financed$966.7M

Agency

Meridian Capital Group

Meridian Capital Group

Agency
Deals2403
Volume$65.9B

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Deal Summary

SALE 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: 7.3x

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545 West 125th Street

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