Updated Oct 29, 2024
Renaissance Realty Group, LLC Acquires Multifamily Building In Manhattan For $18.75M
104 W 144th St, New York, NY 10030, USA
$18,750,000
$363/SF
Building Size
51,560 SF
Asset Type
MultiFamily
Closing
Nov 7, 2017
About this deal
AI
The multifamily building located at 104-110 West 144th Street in Manhattan has been sold for a price of $18,750,000. The building has a total square footage of 51,560, resulting in a price per square foot of $364.
Summary of transaction details
- Property Type: Multifamily Building
- Transaction Amount: $18,750,000
- Square Footage: 51,560
The seller of the property is Treetop Development, while the buyer is Renaissance Realty Group, LLC represented by Mr. Cohen (@mr_cohen88). The deal was facilitated with the assistance of Victor Sozio, Executive Vice President at Ariel Property Advisors.
Players
New York MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.85%
Cash-on-Cash
-0.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93