Updated Dec 19, 2023
John P McCarthy And Steve Dluzyn Acquire Multi-Family Property On Columbus Avenue For $25.1M
182 Columbus Avenue, Manhattan, New York, NY, USA
$25,100,000
$1,956/SF
Building Size
12,830 SF
Asset Type
MultiFamily
Closing
Nov 8, 2021
About this deal
AI
The multi-family property located at 182 & 186 Columbus Avenue in Lincoln Square, Manhattan has been sold for a price of $25,100,000. The property, classified as C1-8A in the market, has a building size of 24,064 square feet, resulting in a price per square foot of $1,043. The total area of the property is 12,830 square feet, with a price per square foot of $1,956. The lot size measures 3,200 square feet, with dimensions of 40 feet by 80 feet.
Summary of transaction details
- Property Type: Multi Family
- Transaction Amount: $25,100,000
- Buyer: John P McCarthy and Steve Dluzyn
- Seller: Lisa Cohn
- Building Size: 24,064 square feet
- Price per Square Foot (BSF): $1,043
- Total Square Footage: 12,830 square feet
- Price per Square Foot (PPSF): $1,956
- Lot Size: 3,200 square feet
- Last Sale Price: $20,000,000 (2/16/2007)
- Lot Dimensions: 40 ft x 80 ft
The buying party of the property consists of John P McCarthy and Steve Dluzyn, while the seller is Lisa Cohn. The property's FAR (Floor Area Ratio) is 4.01, and its tax class is 2.
On the Map
$25,100,000
$1,956/SF
MultiFamily
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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
0.63%
Cash-on-Cash
-0.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93