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157 West 82nd Street, New Y...

Updated Dec 19, 2023

Christine Bell Acquires Upper West Side Apartments On 157 West 82 Street For $4.55M
SOLDMultiFamily

Christine Bell Acquires Upper West Side Apartments On 157 West 82 Street For $4.55M

157 West 82nd Street, New York City, New York 10024, United States

$4,550,000

$1,216/SF

Building Size

3,740 SF

Asset Type

MultiFamily

Closing

Dec 14, 2021

About this deal

AI

The property involved in this transaction is located at 157 West 82 Street in the Upper West Side of Manhattan. It is classified as an apartment building and falls under the R8B zoning regulations. The sale took place on December 15, 2021.

Summary of transaction details

  • Property Type: Apartments
  • Transaction Amount: $4,550,000
  • Address: 157 West 82 Street
  • Market: Upper West Side, Manhattan

The buyer of the property is Christine Bell, and the seller is Katherine Vaillancourt.

The property has a building square footage (BSF) of 6,708, with a price per BSF (PPBSF) of $678. The total square footage (SF) of the property is 3,740, with a price per square foot (PPSF) of $1,216. The floor area ratio (FAR) is 2.23, and the tax class is 2B.

The lot size of the property is 1,677, and it has permits for alteration 2, issued on November 4, 1996. The lot dimensions are 17.5 feet by 95.83 feet.

Players

Christine Bell

Buyer

$9.9M

vol

2 deals

Buyer

New York MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $1.2K per square foot on a published $4.6M for 3,740 square feet (2021).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.49%

Cash-on-Cash

-1.00%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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