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10 West 65th Street

10 West 65th Street LLC Acquires Multifamily Property In Lincoln Square For $45.5M
SOLDMultiFamily

10 West 65th Street LLC Acquires Multifamily Property In Lincoln Square For $45.5M

10 West 65th Street

$45,500,000

$45,500,000/SF

Building Size

1 SF

Asset Type

MultiFamily

Closing

May 29, 2025

AI

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:

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

Abie Kassin

Meridian Capital Group

Broker

$1.6B

vol

52 deals

Broker
Clipper Equity
Clipper EquitySeller

New York MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.35%

Cash-on-Cash

-0.10%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93