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
$4,500,000
$613/SF
Building Size
7,339 SF
Asset Type
MultiFamily
Closing
Jun 27, 2022
AI
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.
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
3.53%
Cash-on-Cash
-1.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93