Asaf Dror Acquires Mixed-use Property On Upper West Side From The Katz Family For $3.3M
256 West 88th Street, Manhattan, New York, NY, USA
$3,275,000
$775/SF
Building Size
4,222 SF
Asset Type
Mixed-use
Closing
Jun 21, 2021
About this deal
AI
The mixed-use property located at 256 West 88th Street in the Upper West Side of New York City has been sold for a price of $3,275,000. The property spans a total square footage of 4,222 and was sold at a price per square foot of $775. The sale took place on June 22, 2021, and the transaction was facilitated by Eric Roth, Tyler Signora, and Harry James from CushWake on behalf of the seller, the Katz Family. The buyer of the property is Asaf Dror.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $3,275,000
- Address: 256 West 88th Street
- Market: Upper West Side
Eric Roth, Tyler Signora, and Harry James from CushWake represented the seller, the Katz Family, in this transaction.
On the Map
$3,275,000
$775/SF
Mixed-use
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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
4.84%
Cash-on-Cash
-1.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93