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David Lloyd Acquires Apartment Building On 14 West 82nd Street For $4.5M

Property Image
SOLD
$4,500,000

New York

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MultiFamily7,339 SF
Sold 06/28/2022
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Property Image
SOLD

David Lloyd Acquires Apartment Building On 14 West 82nd Street For $4.5M

14 East 82nd Street, New York City, New York 10028, United States

See Similar Deals
MultiFamily7,339 SF
Sold 06/28/2022
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$613
Total Square Footage:7,339 SF
Transaction Type:Sale

An apartment building located at 14 West 82nd Street in the Upper West Side of Manhattan has been sold for $4,500,000. The building has a total square footage of 7,339 and a price per square foot of $613. The buyer of the property is David Lloyd, while the seller is Jack Roitman. The transaction took place on 06/28/2022.

Summary of transaction details:

  • Property Type: Apartment Building
  • Transaction Amount: $4,500,000
  • Market: Upper West Side, Manhattan
  • Address: 14 West 82nd Street
  • Buyer: David Lloyd
  • Seller: Jack Roitman
  • Built Square Footage: 7,339
  • Price per Square Foot: $613

The apartment building is located within the R8B zoning district. The building has a floor area ratio (FAR) of 3.42 and falls under tax class 2B. The lot size is 2,146 square feet, with dimensions of 21 ft x 102.17 ft. The property has obtained an alteration permit on 08/12/2020.

Players

David Lloyd
31 deals$266.4M volume
BUYER

Details

SOLD
IMAGE: 06/28/2022 ADDRESS: 14 West 82nd Street MARKET: Upper West Side, Manhattan ASSET TYPE: Apartment Building ~ ZONING: R8B BUYER: David Lloyd SELLER: Jack Roitman PRICE: $4,500,000 BSF: 8,584 ~ PPBSF: $524 SF: 7,339 ~ PPSF: $613 FAR: 3.42 TAX CLASS: 2B LOT SIZE: 2,146 PERMITS: Alteration 2 (08/12/2020) LOT DIMENSION: 21 ft x 102.17 ft

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$15,987.55
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