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
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