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B20 Realty LLC Acquires Multi-Family Property At 20 Bank Street From Marilyn Dorato For $9.42M
SOLD
$9,415,000
New York
See Similar DealsMultiFamily3,496 SF
Sold
SOLD
B20 Realty LLC Acquires Multi-Family Property At 20 Bank Street From Marilyn Dorato For $9.42M
20 Bank Street
See Similar DealsMultiFamily3,496 SF
Sold
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$2693
Total Square Footage:3496 SF
Transaction Type:Sale
B20 Realty LLC acquired a multi-family property at 20 Bank Street in Manhattan on March 2, 2026. The sale price was $9,415,000 with a total square footage of 3,496, resulting in a price per square foot of approximately $2,693.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $9,415,000
- Address: 20 Bank Street
- Market: Manhattan
- Square Footage: 3,496
- Price Per Square Foot: $2,693
- Buyer: B20 Realty LLC
- Seller: Marilyn Dorato
In this transaction, B20 Realty LLC represented their interest in acquiring the property, while Marilyn Dorato acted as the seller facilitating the transaction.
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$502,133.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$33,449.51
Cash-on-Cash Return-1.27%
Monthly Debt Service$44,631.90
Annual Debt Service$535,582.84
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