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162 W 13th St, New York, NY...

Updated Oct 25, 2024

Bilt advertisement
Albert & Philip Cohen Acquire Multifamily Asset In Greenwich Village For $21.75M
SOLDMultiFamily

Albert & Philip Cohen Acquire Multifamily Asset In Greenwich Village For $21.75M

162 W 13th St, New York, NY 10011, USA

$21,750,000

$945/SF

Building Size

22,998 SF

Asset Type

MultiFamily

Closing

Aug 13, 2019

About this deal

AI

The multifamily property located at 162 West 13th Street in Greenwich Village has been sold in a closed transaction. The property spans 22,998 square feet and has been sold for a sale price of $21,750,000, which amounts to a price per square foot of $945. The property was listed with an asking price of $25,000,000.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $21,750,000
  • Address: 162 West 13th Street
  • Market: Greenwich Village

The seller of the property was David Haselkorn, while the buyers were Albert & Philip Cohen. The transaction was facilitated by brokers Peter Von Der Ahe, Joe Koicim, Noah Kossoff, and Corey Isdaner from New York Multi-Family.

Players

Corey Isdaner

Broker

$46.6M

vol

4 deals

Broker
CBRE
CBREBrokerage

Albert Cohen

Buyer

$26.4M

vol

2 deals

Buyer

New York MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $945 per square foot on a published $21.8M for 22,998 square feet (2019).

Visit Joe Koicim 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

0.73%

Cash-on-Cash

-0.21%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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