Updated May 27, 2025
Ira Lifschutz Of IHL Equities Acquires Multifamily Building From Sage Fuchs For $8.2M In Greenwich Village
144 Waverly Place
$8,200,000
$1,336/SF
Building Size
6,135 SF
Asset Type
MultiFamily
Closing
Jan 30, 2025
About this deal
AI
The asset involved in this transaction is a four-unit multifamily building located at 144 Waverly Place in Greenwich Village, Manhattan. It was sold for $8,200,000 and features a total built space of 6,135 square feet, resulting in a price per square foot of approximately $1,337. The transaction was completed on January 30, 2025, following a contract signed in August 2024.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $8,200,000
- Units: 4
- Price Per Unit: $2,050,000
- Square Footage: 6,135
- Price Per Square Foot: $1,337
- Buyer: Ira Lifschutz - IHL Equities
- Seller: Sage Fuchs
- Broker: Leslie J. Garfield & Co
IHL Equities, represented in this transaction by Ira Lifschutz, acquired the property through Chateau Waverly Estates LLC. The broker for the seller was Leslie J. Garfield & Co, facilitating the negotiation and finalization of the sale.
Players
New York MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Ira Lifschutz to view all their deals.
Browse New York multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.93%
Cash-on-Cash
-0.55%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93