Updated Oct 25, 2024
Parag Sawhney Acquires Multi Family Property In Greenwich Village, Manhattan For $5.95M
20 East 13th Street, New York City, New York 10003, United States
$5,950,000
$991/SF
Building Size
6,002 SF
Asset Type
MultiFamily
Closing
Dec 6, 2021
About this deal
AI
A multi-family property located at 20 East 13 Street in Greenwich Village, Manhattan has been sold. The transaction took place on 12/07/2021.
Summary of transaction details:
- Property Type: Multi Family
- Transaction Amount: $5,950,000
- Address: 20 East 13 Street
- Market: Greenwich Village, Manhattan
- Zoning: C6-1
The buyer of the property is Parag Sawhney, while the seller is Morris Harary.
The property measures 6,002 square feet with a price per square foot of $991. The building has a total of 10,050 square feet of buildable space, resulting in a price per buildable square foot of $592. The lot size is 1,675 square feet, with dimensions of 21 ft x 79.75 ft.
Other relevant information includes the property's floor area ratio (FAR) of 3.58 and tax class 2B designation. The last recorded sale of the property was on 1/30/2008 for $0.
Players
New York MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Parag Sawhney to view all their deals.
Browse New York multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.67%
Cash-on-Cash
-0.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93