Aya Acquisitions Acquires Multifamily Properties In Chelsea, East Village, Gramercy, And Upper East Side For $44M
106 East 7th Street, New York City, New York 10009, United States
$44,000,000
$577/SF
Building Size
76,236 SF
Asset Type
MultiFamily
Closing
Jun 8, 2022
AI
The sale of a multifamily property has taken place, involving the following addresses: 106 East 7th Street, 217 East 22nd Street, 638-640 East 14th Street, 239 West 15th Street, and 426 East 77th Street. The properties are located in Chelsea, East Village, Gramercy, and the Upper East Side. The transaction was completed on June 9, 2022.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $44,000,000
- Units: 134
- Price per Unit (PPU): $328,358
- Total Square Footage (SF): 76,236
- Price per Square Foot (PPSF): $577
The buyer in this transaction was Aya Acquisitions, represented by Amir Shriki. The deal was facilitated by the brokers Hall Oster, Teddy Galligan, Bob Knakal, Jonathan Hageman, Clint Olsen, and Guthrie Garvin from JLL.
Players
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
0.36%
Cash-on-Cash
-0.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93