Updated Dec 4, 2024
Ziyi Liang Acquires 4-Unit Multifamily Property In Upper West Side, Manhattan For $4.95M
152 West 73rd Street
$4,950,000
$1,033/SF
Building Size
4,792 SF
Asset Type
MultiFamily
Closing
Oct 20, 2023
About this deal
AI
Ziyi Liang purchased a four-unit multifamily property located at 152 West 73rd Street in the Upper West Side of Manhattan. The property was sold for a total of $4,950,000, with a price per unit (PPU) of $1,237,500. It has a building square footage (BSF) of 8,172, resulting in a price per BSF (PPBSF) of $606. The property's total square footage (SF) is 4,792, with a price per square foot (PPSF) of $1,033.
Summary of transaction details:
- Property Type: Multifamily
- Sale Price: $4,950,000
- Units: 4
- Price per Unit (PPU): $1,237,500
- Building Square Footage (BSF): 8,172
- Price per BSF (PPBSF): $606
- Total Square Footage (SF): 4,792
- Price per Square Foot (PPSF): $1,033
The buyer of the property was Ziyi Liang, while the seller was Kevin M. Cahill.
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
3.20%
Cash-on-Cash
-0.92%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93