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

/

113 West 13th Street, New Y...

Hildreth Real Estate Advisors Acquires Mixed-Use Property In Greenwich Village For $5M
SOLDMultiFamily

Hildreth Real Estate Advisors Acquires Mixed-Use Property In Greenwich Village For $5M

113 West 13th Street, New York City, New York 10011, United States

$5,000,000

$2,136/SF

Building Size

2,340 SF

Asset Type

MultiFamily

Closing

Dec 24, 2021

AI

The mixed-use property located at 113 W. 13th St. in Greenwich Village has been sold. The property spans 4,760 square feet and was sold for a total price of $5,000,000, which equates to approximately $1,050 per square foot.

Summary of transation details

  • Property Type: Mixed-use
  • Transaction Amount: $5,000,000
  • Square Footage: 4,760
  • Address: 113 W. 13th St.
  • Market: Greenwich Village

The buyer of the property is Hildreth Real Estate Advisors, represented by David Shorenstein, Jason Breitstone, and Max Padway. The seller of the property is Julio Diaz and Luis Marques. The deal was facilitated by brokers Adam Lobel, Zachary Ziskin, Justin Zeitchik, Ed Nelson, and Eli Zempsky from Bestreich Realty Group.

This transaction marks the completion of Hildreth Real Estate Advisors' successful year, as it concludes with 23 new acquisitions. For potential acquisition opportunities, interested parties can reach out to Hildreth Real Estate Advisors via direct message on Instagram or by sending an email to [email protected].

Players

Adam Lobel

Investment Property Realty Group (IPRG)

Broker

$602.2M

vol

141 deals

Broker
David Shorenstein

David Shorenstein

Hildreth Real Estate Advisors

Buyer

$187.3M

vol

60 deals

Buyer

New York MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.17%

Cash-on-Cash

-0.91%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93