Lee Rothman Acquires 16,100 SF Multifamily Property In Manhattan For $11.1M
SOLD
New York
See Similar DealsMultiFamily1,200 SF
Sold 07/06/2018
SOLD
Lee Rothman Acquires 16,100 SF Multifamily Property In Manhattan For $11.1M
343 E 76th St, New York, NY 10021, USA
See Similar DealsMultiFamily1,200 SF
Sold 07/06/2018
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$0
Total Square Footage:1,200 SF
Transaction Type:Sale
The multi-family property located at 1485 1st Avenue in Manhattan was recently sold for $11,100,000. With a total square footage of 16,100 sf, the property was valued at approximately $689 per square foot.
Summary of transaction details
- Property Type: MultiFam
- Transaction Amount: $11,100,000
- Address: 1485 1st Avenue, New York
- Cross Streets: 77th & 1st Ave
- Market: Manhattan
The seller of the property was Blackstone represented by Stephen Schwartzman and Jon Gray. The buyer, on the other hand, was Lee Rothman.
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Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
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Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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