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.
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