Justin Amirian Acquires Apartment In Carnegie Hill, Manhattan For $6.56M
110 East 84th Street, New York City, New York 10028, United States
$6,562,500
$601/SF
Building Size
10,914 SF
Asset Type
MultiFamily
Closing
Apr 28, 2022
AI
The property at 110 East 84th Street in Carnegie Hill, Manhattan was recently sold in a closed transaction. The apartment is zoned as R8B and has a building square footage (BSF) of 16,412. The price for the property was $6,562,500, with a price per building square footage (PPBSF) of $399. The total square footage (SF) of the property is 10,914, resulting in a price per square footage (PPSF) of $601. The property has a floor area ratio (FAR) of 2.66 and is classified under tax class 2.
Summary of transaction details
- Property Type: Apartment
- Transaction Amount: $6,562,500
- BSF: 16,412
- PPBSF: $399
- SF: 10,914
- PPSF: $601
- Zoning: R8B
- Tax Class: 2
The buyer of the property is Justin Amirian, and the seller is Albert Kalimian. The lot size of the property is 4,103, with dimensions of 40.17ft x 102.17ft. An alteration permit was issued on January 15, 2020.
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
2.42%
Cash-on-Cash
-0.69%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93