Updated Dec 21, 2023
Karen Cantor Acquires Medical Facility / Dev. Site In New York's Upper West Side From Menashe Murad For $6.6M
220 W 83rd St, New York, NY 10024, USA
$6,600,000
$909/SF
Building Size
7,260 SF
Asset Type
Development Site
Closing
Aug 15, 2018
About this deal
AI
A medical facility/development site located at 220 W 83rd St in the Upper West Side of New York has been sold for $6,600,000. The property spans a total square footage of 7,260, resulting in a price per square foot of $909.
Summary of transation details
- Property Type: Medical facility/Dev. Site
- Transaction Amount: $6,600,000
- Address: 220 W 83rd St
- Market: Upper West Side
Menashe Murad is the seller of the property, while the buyer is Karen Cantor.
The development site sale at 220 W 83rd St, New York, NY 10024, USA in New York, New York sold for $6.6M in 2018. The building is 7,260 square feet, implying about 909 per square foot on the published price. This page is the New York, New York file for the 220 W 83rd St, New York, NY 10024, USA development site sold: pricing, party profiles, and other closed development site comps from the same New York sit in the Market section below. Filter that New York development site set by closing date to see what else sold near 220 W 83rd St, New York, NY 10024, USA around 2018. Published consideration for 220 W 83rd St, New York, NY 10024, USA is $6.6M, dated 2018. Cite this Karen Cantor Acquires Medical Facility / Dev. Site In New York's Upper West Side From Menashe Murad For $6.6M sale when underwriting similar development site product around New York, New York.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.40%
Cash-on-Cash
-0.69%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93