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Langhorne S. Perrow Acquires Condo In Greenwich Village For $11.25M

Property Image
SOLD
$11,250,000

New York

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2,295 SF
Sold 09/10/2021
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Property Image
SOLD

Langhorne S. Perrow Acquires Condo In Greenwich Village For $11.25M

155 West 11th Street, Manhattan, New York, NY, USA

See Similar Deals
2,295 SF
Sold 09/10/2021
the dealplayerscompscontact
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Summary

NEW YORK
Price Per Square Foot:$4,902
Total Square Footage:2,295 SF
Transaction Type:Sale

The property involved in the transaction is a condominium located at 155 West 11 Street in Greenwich Village. The asset spans 2,295 square feet and is zoned for residential (R8) and commercial (C6-2) use. The transaction took place on September 10, 2021, with a sale price of $11,250,000. The price per square foot is $4,901. The property has a floor area ratio (FAR) of 5.75 and falls under tax class 2. The lot size is 92,925 square feet. The last recorded sale of the property was on June 6, 2017, for $12,797,206.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $11,250,000
  • Buyer: Langhorne S. Perrow
  • Seller: Kelly Ann Stanard
  • Broker: Deborah Kern - Corcoran

Langhorne S. Perrow purchased the property from Kelly Ann Stanard. The deal was facilitated by Deborah Kern from Corcoran.

Players

Deborah Kern
The Corcoran Group
Deborah Kern
8 deals$445.9M volume
BROKER

Details

SOLD
IMAGE: Deborah Kern DATE: 09/10/2021 ADDRESS: 155 West 11 Street, MARKET: Greenwich Village ASSET TYPE: Condo ~ ZONING: R8, C6-2 BUYER: Langhorne S. Perrow SELLER: Kelly Ann Stanard BROKER: Deborah Kern - Corcoran SALE PRICE: $11,250,000 SF: 2,295 ~ PPSF: $4,901 FAR: 5.75 TAX CLASS: 2 LOT SIZE: 92,925 LAST SALE PRICE: $12,797,206 (06/06/2017)

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$39,968.87
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