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117 West 141st Street

117 West 141st Street
SOLDMultiFamily

117 West 141st Street

117 West 141st Street

$20,310,000

$388/SF

Building Size

52,290 SF

Asset Type

MultiFamily

Closing

Jul 16, 2013

AI

The property asset involved in this transaction is a multifamily building located at 117 West 141st Street in New York. The transaction was completed for a total price of $20,310,000.00 and encompasses a total square footage of 52,290.0.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $20,310,000.00
  • Address: 117 West 141st Street
  • Market: New York
  • Square Footage: 52,290.0
  • Buyer: Paul Salib
  • Broker: Josh Lipton - Invictus
  • Transaction Date: 07/16/2013

This transaction highlights the involvement of broker Josh Lipton from Invictus, representing the transaction for the buyer, Paul Salib. Key individuals played a significant role in facilitating the deal, ensuring the successful transfer of the property.

Players

Josh Lipton

Invictus Property Advisors

Broker

$1.3B

vol

103 deals

Broker
Paul Salib

Paul Salib

Buyer

$134.7M

vol

8 deals

Buyer

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

0.78%

Cash-on-Cash

-0.22%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93