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121 Waverly Place, New York...

Douglas Elliman's Alexander Team Sells Duplex In Greenwich Village For $5.9M
SOLDMultiFamily

Douglas Elliman's Alexander Team Sells Duplex In Greenwich Village For $5.9M

121 Waverly Place, New York City, New York 10011, United States

$5,925,000

$1,975/SF

Building Size

3,000 SF

Asset Type

MultiFamily

Closing

Feb 28, 2022

AI

The duplex at 121 Waverly Place, Residence 2/3 in Greenwich Village has been sold for $5,925,000. The property has a total square footage of 3,000 and a price per square foot of $1,975. The sale was facilitated by Marc Riedel and Tal Alexander of the Alexander Team at Douglas Elliman, representing the seller. Christopher Riccio, also of Douglas Elliman, acted as the buyer's representative.

Summary of transaction details

  • Property Type: Duplex
  • Transaction Amount: $5,925,000
  • Square Footage: 3,000
  • Price Per Square Foot: $1,975
  • Address: 121 Waverly Place, Residence 2/3, Greenwich Village
  • Seller's Representative: Marc Riedel, Tal Alexander - Alexander Team - Douglas Elliman
  • Buyer's Representative: Christopher Riccio - Douglas Elliman

The sale of this Greenwich Village duplex was successfully negotiated by Marc Riedel and Tal Alexander of the Alexander Team at Douglas Elliman, who represented the seller. Christopher Riccio, also of Douglas Elliman, acted as the buyer's representative in the transaction.

Players

Christopher Riccio

Douglas Elliman

Broker

$52.8M

vol

4 deals

Broker

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

2.68%

Cash-on-Cash

-0.77%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93