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150 West 12th Street, New Y...

Jeffrey D. Zukerman Acquires Condo In Greenwich Village For $11.96M
SOLD

Jeffrey D. Zukerman Acquires Condo In Greenwich Village For $11.96M

150 West 12th Street, New York City, New York 10011, United States

$11,959,375

Building Size

Asset Type

Closing

Jan 27, 2022

AI

Located at 150 West 12th Street in Greenwich Village, Manhattan, this condominium property was recently sold in a closed transaction. The condo is zoned as R8 and C6-2, allowing for a variety of residential and commercial uses. The property offers an attractive investment opportunity in a highly desirable neighborhood.

Summary of Transaction Details

  • Property Type: Condo
  • Transaction Amount: $11,959,375
  • Buyer: Jeffrey D. Zukerman
  • Seller: Joshua Kopelowitz

Known as the buyer in this transaction, Jeffrey D. Zukerman represented himself or had a broker represent him. On the other hand, Joshua Kopelowitz acted as the seller. The sale of this property was finalized on January 28, 2022. The transaction price for this condo was $11,959,375.

Additionally, the property has a floor area ratio (FAR) of 5.75, indicating its total built-up area in relation to the lot size. The tax class for this property is 2. The lot spans 92,925 square feet. A previous sale was recorded on April 8, 2016, with a sale price of $12,093,670. The building has dimensions of 206.5 feet by 475 feet.

Players

Jeffrey D. Zukerman

Buyer

$18M

vol

4 deals

Buyer

New York CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.33%

Cash-on-Cash

-0.38%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93