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100 West 93rd Street, New Y...

Aulder Capital Acquires Residential Condo On Upper West Side From ABC Properties For $45.6M
SOLDCo-Op

Aulder Capital Acquires Residential Condo On Upper West Side From ABC Properties For $45.6M

100 West 93rd Street, New York, NY, USA

$45,625,000

$484/SF

Building Size

94,233 SF

Asset Type

Co-Op

Closing

Aug 5, 2021

AI

Aulder Capital has acquired a package of 111 regulated sponsor units within a residential condo building located at 100 West 93rd Street in the Upper West Side market. The property consists of a total of 280 units. The sale price for this transaction was $45,625,000, resulting in a price per unit of $411,036.

Summary of transaction details

  • Property Type: Residential Condo
  • Transaction Amount: $45,625,000
  • Address: 100 West 93rd Street
  • Market: Upper West Side

The buyer, Aulder Capital, acquired the property from ABC Properties. The sale was facilitated by brokers Bob Knakal, Hall Oster, Jonathan Hageman, Teddy Galligan, George D'Ambrosio, Max Herzog, and Marko Kazanjian from JLL Capital Markets.

It is worth noting that Max Herzog and Marko Kazanjian of JLL Capital Markets provided financing for this transaction on behalf of the purchaser.

Players

George D Ambrosio

JLL

Broker

$149.4M

vol

3 deals

Broker
Aulder Capital
Aulder CapitalBuyer

New York Co-Op Market Snapshot

Boundary boundary · Co-Op · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.35%

Cash-on-Cash

-0.10%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93