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107 West 105th Street, New ...

Updated Nov 29, 2023

Bilt advertisement
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

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

Sal D'Avola

Broker

$181.6M

vol

17 deals

Broker

New York MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $871.5K per square foot on a published $7M for 8 square feet (2022).

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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

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