Aperture Foundation Acquires Retail Condo On Upper West Side For $8.95M
101 West 78th Street, New York City, New York 10024, United States
$8,950,000
$827/SF
Building Size
10,817 SF
Asset Type
—
Closing
Sep 14, 2022
About this deal
AI
The retail condo located at 101 West 78th Street in the Upper West Side of New York City has been sold for a price of $8,950,000. The property spans a total area of 10,817 square feet, resulting in a price per square foot of $827. The transaction took place on September 15, 2022.
Summary of transaction details
- Property Type: Retail condo
- Transaction Amount: $8,950,000
- Address: 101 West 78th Street
- Market: Upper West Side
- Buyer: Aperture Foundation - Sarah Meister
- Seller: GTIS Partners - Robert Vahradian
- Square Footage: 10,817
- Price per Square Foot: $827
The buyer of the retail condo is the Aperture Foundation, represented by Sarah Meister. On the other hand, the seller of the property is GTIS Partners, with Robert Vahradian as their representative in the deal.
Players
New York CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Deal FAQ
About $827 per square foot on a published $9M for 10,817 square feet (2022).
Browse New York sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.77%
Cash-on-Cash
-0.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93