David Schneiderman Acquires UWS Residential Property For $22.1M
4 West 108th Street, New York, NY, USA
$22,100,000
$526/SF
Building Size
41,940 SF
Asset Type
Co-Op
Closing
Dec 26, 2018
AI
A residential property at 4-10 W 108th St on the Upper West Side has been sold for a total of $22,100,000. The property spans an area of 41,940 square feet, resulting in a price per square foot of $526. It consists of 48 units and is located in the UWS market.
Summary of transaction details
- Property Type: Resi
- Transaction Amount: $22,100,000
- Address: 4-10 W 108th St
- Market: UWS
- Square Footage: 41,940
- Price per Square Foot: $526
- Units: 48
The seller of the property was Meyer Orbach, as confirmed by the Instagram post. The buyer, David Schneiderman, represented Four Winds Real Estate in the transaction. The deal was facilitated by Aaron Jungreis and Ben Khakshoor of Rosewood Realty Group NY.
Players
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
0.72%
Cash-on-Cash
-0.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93