Ian Bruce Eichner Sells West Village Condo For $9.2M With Laurie Lewis As The Broker
100 Morton Street
$9,200,000
$1,614/SF
Building Size
5,700 SF
Asset Type
Condo
Closing
Mar 18, 2024
About this deal
AI
The West Village penthouse located at 100 Morton Street in Manhattan was sold for $9.2 million. Spanning 5,700 square feet, the condo was originally purchased by Ian Bruce Eichner from Mary-Kate and Ashley Olsen in 2010 for $8 million. The property experienced a notable price drop from its initial listing of $25 million.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $9,200,000
- Address: 100 Morton Street
- Market: West Village, Manhattan
- Seller: Ian Bruce Eichner
- Broker: Laurie Lewis - The Corcoran Group
- SF: 5,700
- PPSF: $1,614
The penthouse at 100 Morton Street was acquired by Ian Bruce Eichner, with Laurie Lewis from The Corcoran Group representing him in the transaction.
On the Map
$9,200,000
$1,614/SF
Condo
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New York Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $1.6K per square foot on a published $9.2M for 5,700 square feet (2024).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.72%
Cash-on-Cash
-0.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93