facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Multifamily

/

Sale

/

106 W 13th St, New York, NY...

Updated Oct 29, 2024

Abraham Sanieoff Acquires 106 West 13th Street Multifamily For $19.5M
SOLDMultiFamily

Abraham Sanieoff Acquires 106 West 13th Street Multifamily For $19.5M

106 W 13th St, New York, NY 10011, USA

$19,500,000

$1,295/SF

Building Size

15,054 SF

Asset Type

MultiFamily

Closing

May 7, 2019

About this deal

AI

Located in Greenwich Village, the multifamily property at 106 West 13th Street was recently sold for $19,500,000. The asset spans 15,054 square feet, comprising 32 units with an average price per square foot of $1,154 and a price per unit of $609,375. The transaction involved Abraham Sanieoff as the buyer and the Burback Family Trust as the seller. The deal was facilitated by brokers Peter Von Der Ahe, Joe Koicim, and Noah Kossoff on May 7, 2019.

Summary of transation details:

  • Property Type: Multifamily
  • Transaction Amount: $19,500,000
  • Market: Greenwich Village
  • Square Footage: 15,054
  • Units: 32
  • Price Per Square Foot: $1,154
  • Price Per Unit: $609,375
  • Buyer: Abraham Sanieoff
  • Seller: Burback Family Trust
  • Brokers: Peter Von Der Ahe, Joe Koicim, Noah Kossoff
  • Date: 05/07/2019
  • Address: 106 West 13th Street

The transaction at 106 West 13th Street showcased a successful deal orchestrated by the key individuals involved. Abraham Sanieoff emerged as the discerning buyer in this multifamily property exchange, while the Burback Family Trust acted as the willing seller. Driving this significant transaction were the experienced brokers, namely Peter Von Der Ahe, Joe Koicim, and Noah Kossoff, who navigated the negotiation process to achieve a mutually beneficial agreement.

Players

Noah Kossoff

Avison Young

Broker

$394.2M

vol

36 deals

Broker
CBRE
CBREBrokerage

New York MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Deal FAQ

About $1.3K per square foot on a published $19.5M for 15,054 square feet (2019).

Visit Joe Koicim to view all their deals.

Browse New York multifamily sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.81%

Cash-on-Cash

-0.23%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets