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
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