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107 West 105th Street, New ...

Amelia Rideau Acquires Manhattan Valley Apartment From Salvatore D'Avola For $6.97M
SOLDMultiFamily

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

Sal D'Avola

Broker

$181.6M

vol

17 deals

Broker

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