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123 W 82nd St, Manhattan, N...

Adrian And Marrion Meyer Acquire 5-Family Multifamily Property On Upper West Side For $5.2M
SOLDMultiFamily

Adrian And Marrion Meyer Acquire 5-Family Multifamily Property On Upper West Side For $5.2M

123 W 82nd St, Manhattan, New York, NY, USA

$5,200,000

$1,260/SF

Building Size

4,125 SF

Asset Type

MultiFamily

Closing

Mar 21, 2019

AI

This multifamily property located at 123 W 82nd St in the Upper West Side was recently sold for $5,200,000. The transaction took place on 03/22/2019, and the property spans a total of 4,125 square feet. This equates to a price per square foot of $1,260.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $5,200,000
  • Square Footage: 4,125
  • Address: 123 W 82nd St
  • Market: Upper West Side

Castle plus, represented by Hoi Yee, sold the property to Adrian and Marrion Meyer. The deal was facilitated by Ariel Ben Ezra from a brokerage firm. It's worth noting that the property consists of 5 family units and is currently vacant.

Players

Ariel Ben Ezra

Wingate Advisors

Broker

$93.6M

vol

8 deals

Broker

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

3.05%

Cash-on-Cash

-0.87%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93