facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Mixed Use

/

Sale

/

132 West Houston Street, Ma...

David Habif Acquires Mixed-Use Property On West Houston Street For $7.85M
SOLDMixed-use

David Habif Acquires Mixed-Use Property On West Houston Street For $7.85M

132 West Houston Street, Manhattan, New York, NY, USA

$7,850,000

$1,256/SF

Building Size

6,250 SF

Asset Type

Mixed-use

Closing

Sep 27, 2021

AI

The mixed-use property located at 132 West Houston Street in Greenwich Village has been sold in a recent transaction. The sale took place on September 27, 2021, with a sale price of $7,850,000. The property spans 6,250 square feet and has a price per square foot of $1,256. It consists of 4 units, with a price per unit of $1,962,500. The capitalization rate for this transaction is 4.83%.

Summary of Transaction Details

  • Property Type: Mixed-use
  • Transaction Amount: $7,850,000
  • Square Feet: 6,250
  • Price Per Square Foot: $1,256
  • Units: 4
  • Price Per Unit: $1,962,500
  • Capitalization Rate: 4.83%

The buyer in this transaction is David Habif. Representing the buyer were Joe Koicim and Peter Dodge from New York Multifamily and Marcus Millichap_NY, respectively.

Players

Joseph (Joe) Koicim
Verified Badge

Joseph Koicim

Marcus & Millichap

Broker

$2.7B

vol

174 deals

Broker
David Habif

David Habif

Habif Real Estate

Buyer

$42M

vol

7 deals

Buyer

New York Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.02%

Cash-on-Cash

-0.58%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93