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133 West 70th Street

Multifamily Property At 133 West 70th Street In Lincoln Square Sold For $4.6M
SOLDMultiFamily

Multifamily Property At 133 West 70th Street In Lincoln Square Sold For $4.6M

133 West 70th Street

$4,600,000

$571/SF

Building Size

8,045 SF

Asset Type

MultiFamily

Closing

Jul 11, 2024

AI

The property involved in this transaction is a multifamily asset located at 133 West 70th Street in the Lincoln Square neighborhood of Manhattan. The sale price was $4,600,000, and the property spans a total area of 8,045 square feet, resulting in a price per square foot of $572.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $4,600,000
  • Address: 133 West 70th Street
  • Market: Lincoln Square, Manhattan
  • Square Footage: 8,045
  • Price Per Square Foot: $572

The transaction was represented by Hall Oster, Paul Smadbeck, and Teddy Galligan from JLL, who played key roles in facilitating the deal.

Players

Hall Oster

JLL

Broker

$2.2B

vol

90 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

3.45%

Cash-on-Cash

-0.99%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93