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182 Columbus Avenue, Manhat...

John P McCarthy And Steve Dluzyn Acquire Multi-Family Property On Columbus Avenue For $25.1M
SOLDMultiFamily

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

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.

Players

John P. McCarthy

HUBB NYC

Broker

$702.1M

vol

14 deals

Broker
John P. McCarthy

John P. McCarthy

HUBB NYC

Buyer

$702.1M

vol

14 deals

Buyer

Lisa Cohn

Seller

$61.5M

vol

6 deals

Seller

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