facebook
Traded Co logo
Submit

Julian Kiguel Acquires Multi Family Property In Greenwich Village For $15M

Property Image
SOLD
$15,000,000

New York

See Similar Deals
MultiFamily12,648 SF
Sold 12/13/2021
the dealplayerscompscontact
Property Image
SOLD

Julian Kiguel Acquires Multi Family Property In Greenwich Village For $15M

10 5 Ave, New York City, New York 10011, United States

See Similar Deals
MultiFamily12,648 SF
Sold 12/13/2021
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$1,186
Total Square Footage:12,648 SF
Transaction Type:Sale

A multi-family property located at 10 5 Avenue in Greenwich Village, Manhattan has been sold in a closed transaction. The property, which falls under the R10 zoning category, was purchased for $15,000,000. It spans a total of 28,500 square feet, resulting in a price per square foot of $526. The building itself measures 12,648 square feet, with a price per square foot of $1,186. The lot size is 2,850 square feet, and its dimensions are 28.5 feet by 100 feet. The previous sale of this property occurred on March 28, 2011, at a price of $9,215,000.

Summary of transaction details

  • Property Type: Multi Family
  • Transaction Amount: $15,000,000
  • Market: Greenwich Village, Manhattan
  • Zoning: R10
  • Buyer: Julian Kiguel
  • Seller: Jordan Vogel
  • Price per Square Foot: $526
  • Building Square Footage: 12,648
  • Total Square Footage: 28,500
  • Lot Size: 2,850
  • Last Sale Price: $9,215,000
  • Lot Dimensions: 28.5 ft x 100 ft

Julian Kiguel was the buyer in this transaction, while Jordan Vogel served as the seller. The transaction's FAR (Floor Area Ratio) is 4.44, and the tax class for the property is 2.

Players

11 deals$262.1M volume
SELLER

Jordan Vogel
11 deals$262.1M volume
SELLER

Details

SOLD
IMAGE: 12/13/2021 ADDRESS: 10 5 Avenue MARKET: Greenwich Village, Manhattan ASSET TYPE: Multi Family ~ ZONING: R10 BUYER: Julian Kiguel SELLER: Jordan Vogel PRICE: $15,000,000 BSF: 28,500 ~ PPBSF: $526 SF: 12,648 ~ PPSF: $1,186 FAR: 4.44 TAX CLASS: 2 LOT SIZE: 2,850 LAST SALE PRICE: $9,215,000 (3/28/2011) LOT DIMENSION: 28.5 ft x 100 ft

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$799,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$53,291.84
Cash-on-Cash Return-1.27%
Monthly Debt Service$71,107.65
Annual Debt Service$853,291.83