10 West 65th Street LLC Acquires Multifamily Property In Lincoln Square For $45.5M
SOLD
New York
See Similar DealsMultiFamily1 SF
Sold 05/30/2025
SOLD
10 West 65th Street LLC Acquires Multifamily Property In Lincoln Square For $45.5M
10 West 65th Street
See Similar DealsMultiFamily1 SF
Sold 05/30/2025
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$45,500,000
Total Square Footage:1 SF
Transaction Type:Sale
The property asset involved in this transaction is a multifamily building located at 10 West 65th Street in Lincoln Square. The transaction was completed for a sale price of $45,500,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $45,500,000
- Buyer: 10 West 65th Street LLC
- Seller: Clipper Equity
- Brokers: Lipa Lieberman, Abie Kassin & David Schechtman - Meridian Capital Group
This transaction was facilitated by Lipa Lieberman, Abie Kassin, and David Schechtman, representing Meridian Capital Group. They played a key role in the negotiation and completion of the deal between the buyer and the seller.
Players
SELLER
Details
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
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$2,426,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$161,651.90
Cash-on-Cash Return-1.27%
Monthly Debt Service$215,693.21
Annual Debt Service$2,588,318.56
Is there something missing? Send suggestions