Updated Jan 30, 2024
Pierre Rougier Sells Multifamily Property In East Village, Manhattan For $6.99M
112 East 10th Street, New York City, New York 10003, United States
$6,990,000
$1,400/SF
Building Size
4,990 SF
Asset Type
MultiFamily
Closing
Aug 31, 2022
About this deal
AI
The multifamily property located at 112 East 10th Street in the East Village neighborhood of Manhattan has been sold for a price of $6,990,000. The property consists of 5 units, with an average price per unit of $1,398,000. The total square footage of the property is 4,990, resulting in a price per square foot of $1,400.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $6,990,000
- Address: 112 East 10th Street
- Market: East Village, Manhattan
- Units: 5
- Price Per Unit: $1,398,000
- Square Footage: 4,990
- Price Per Square Foot: $1,400
The seller for this transaction is Pierre Rougier.
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
2.27%
Cash-on-Cash
-0.65%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93