Updated Dec 4, 2024
Avison Young Represents Leonard Eis In $7M Multifamily Sale At 110 East 1st Street, East Village, Manhattan
110 East 1st Street
$7,000,000
$450/SF
Building Size
15,540 SF
Asset Type
MultiFamily
Closing
Nov 7, 2023
About this deal
AI
The multifamily property located at 110 East 1st Street in East Village, Manhattan has been sold for a total price of $7,000,000. The property spans a total area of 15,540 square feet, resulting in a price per square foot of $450.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $7,000,000
- Address: 110 East 1st Street
- Market: East Village, Manhattan
- Square Footage: 15,540
- Price per Square Foot: $450
The seller of the property was Leonard Eis, represented by Brandon Polakoff and Ryan McGuirl from Avison Young.
On the Map
$7,000,000
$450/SF
MultiFamily
View full map
Players
Aberdeen MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Brandon Polakoff to view all their deals.
Browse Aberdeen multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.27%
Cash-on-Cash
-0.65%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93