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
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