Samuel Kooris Acquires Multifamily Property In Greenwich Village For $32M
142 West 4th Street, New York City, New York 10012, United States
$32,000,000
$959/SF
Building Size
33,366 SF
Asset Type
MultiFamily
Closing
Dec 26, 2022
AI
The property asset involved in this transaction is located at 140 & 142 West 4 Street in the Greenwich Village market of Manhattan. It is a multifamily asset with a sale price of $32,000,000. The building encompasses a total building square footage (BSF) of 24,368 with a price per building square foot (PPBSF) of $1,313. Additionally, the total square footage (SF) amounts to 33,366, resulting in a price per square foot (PPSF) of $959. The last recorded sale price for the property was $22,875,000 on December 21, 2020.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $32,000,000
- Address: 140 & 142 West 4 Street
- Market: Greenwich Village, Manhattan
- Zoning: R7-2
- Buyer: Samuel Kooris
- Seller: Steven Gautier
- BSF: 24,368
- PPBSF: $1,313
- SF: 33,366
- PPSF: $959
- Last Sale Price: $22,875,000
- Last Sale Date: 12/21/2020
The transaction was facilitated with Samuel Kooris acting as the buyer and Steven Gautier serving as the seller. The deal reflects both parties' interests in the multifamily asset market within Manhattan's Greenwich Village, capturing the growth in property value since the last sale in 2020.
Players
New York MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.50%
Cash-on-Cash
-0.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93