Updated Nov 29, 2023
Amelia Rideau Acquires Manhattan Valley Apartment From Salvatore D'Avola For $6.97M
107 West 105th Street, New York City, New York 10025, United States
$6,972,054
$871,506/SF
Building Size
8 SF
Asset Type
MultiFamily
Closing
Feb 11, 2022
About this deal
AI
The sale of an apartment located at 107 West 105 Street in Manhattan Valley, Manhattan has been completed on 11/02/2022. The property, zoned as R8B, is situated on a lot size of 2,523 square feet with dimensions of 25 ft x 100.92 ft. The transaction involved the buyer, Amelia Rideau, and the seller, Salvatore D'Avola. The sale price for the apartment was $6,972,054, resulting in a price per square foot (PPSF) of $796. The total square footage (SF) of the apartment is 8,755, and the building's square footage (BSF) is 10,092, with a price per building square foot (PPBSF) of $690.
Summary of transation details
- Property Type: Apartment
- Transaction Amount: $6,972,054
- Zoning: R8B
- Buyer: Amelia Rideau
- Seller: Salvatore D'Avola
- Market: Manhattan Valley, Manhattan
The transaction, which had a floor area ratio (FAR) of 3.47, falls under tax class 2. Additionally, an alteration 2 permit was obtained on 01/23/2019 for the property.
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
2.28%
Cash-on-Cash
-0.65%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93