Joseph Fiore Annunziata's Brusco Realty Acquires 10-Unit Walkup Building In Upper West Side For $3.3M
146 West 73rd Street
$3,300,000
$557/SF
Building Size
5,915 SF
Asset Type
MultiFamily
Closing
Sep 28, 2023
AI
A residential walkup building located at 146 West 73rd Street in Manhattan's Upper West Side has been sold for $3.3 million. The property features 10 units and has a price per unit of $330,000. The total building square footage is 8,172, with a price per square foot of $404. The individual unit square footage is 5,915, with a price per square foot of $558.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,300,000
- Address: 146 West 73rd Street
- Market: Upper West Side, Manhattan
Joseph Fiore Annunziata of Brusco Realty represented the buyer in this transaction. On the other hand, Cynthia Childs represented the seller, Michael Pellegrino Estate. The deal was closed at a price of $3.3 million.
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
4.81%
Cash-on-Cash
-1.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93