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
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.
Players
New York Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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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