Shlomo Antebi, Erik Yankelovich & Yosef Katz Of Atlas Realty Group Sell Mixed-use Property In Yorkville For $7.65M
412 East 81st Street
$7,800,000
$346/SF
Building Size
22,500 SF
Asset Type
Mixed-use
Closing
Apr 30, 2025
AI
The property asset involved in this transaction is a mixed-use building located at 412 East 81st Street in the Yorkville neighborhood of Manhattan. The sale price for the asset was $7,650,000, with a total of 34 units and a square footage of 22,500. The price per unit is $225,000, while the price per square foot stands at $340.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $7,650,000
- Units: 34
- Square Footage: 22,500
- Price per Unit: $225,000
- Price per Square Foot: $340
The deal involved brokers Shlomo Antebi, Erik Yankelovich, and Yosef Katz, who are all representatives from Atlas Realty Group. These individuals played a crucial role in facilitating the transaction within the competitive Yorkville market.
Players
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
2.03%
Cash-on-Cash
-0.58%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93