Eldad Blaustein Purchases Mixed-Use Property In Greenwich Village For $46M
102 West 14th Street, New York City, New York 10011, United States
$46,000,000
$1,120/SF
Building Size
41,068 SF
Asset Type
Mixed-use
Closing
Dec 14, 2021
AI
The mixed-use property located at 102 & 104 West 14th Street and 519, 523, 525 & 527 Avenue of the Americas in Greenwich Village, Manhattan has been sold in a recent transaction. The property is situated in a prime location and is zoned as C6-2A and C6-3A.
Summary of transaction details
- Property Type: Mixed-Use
- Transaction Amount: $46,000,000
- Market: Greenwich Village, Manhattan
The buyer in this transaction is Eldad Blaustein, while the seller is Andrew J Duell. The property was sold for a price of $46,000,000, with a building square footage (BSF) of 90,004 and a price per BSF (PPBSF) of $511. The total area of the property is 41,068 square feet, and the price per square foot (PPSF) is $1,120.
The property has a floor area ratio (FAR) of 4.44 and falls under tax class 4. The lot size is 4,670 square feet, and the previous sale price was $0 on March 15, 2000. The dimensions of the lot are 43.67 feet by 106.5 feet.
New York Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.34%
Cash-on-Cash
-0.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93