Multifamily Property At 194 West 10th Street Sold For $12.3 Million In West Village
194 West 10th Street
$12,300,000
$1,085/SF
Building Size
11,328 SF
Asset Type
MultiFamily
Closing
Jan 31, 2025
AI
The property involved in this transaction is a multifamily asset located at 194 West 10th Street in the West Village market. The sale price of the property was $12,300,000, encompassing a total square footage of 11,328, which translates to a price per square foot of $1,085.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $12,300,000
- Address: 194 West 10th Street
- Market: West Village
- Square Footage: 11,328
- Price Per Square Foot: $1,085
The brokers representing the transaction are David Shalom and Kyle Sabath from Avison Young. They played a pivotal role in facilitating the sale of this multifamily property.
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
1.29%
Cash-on-Cash
-0.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93