Josef Chehebar, Gabriel Shehebar & Aziz Syed Of Checo Acquisitions Buy Multifamily In West Village For $10M
200 West 14th Street
$10,000,000
$817/SF
Building Size
12,239 SF
Asset Type
MultiFamily
Closing
Jul 22, 2025
AI
The asset involved in the transaction is a multifamily property located at 200 West 14th Street, also known as 62 7th Avenue, in the West Village market of Manhattan. The sale price of the property was $10,000,000, with a total square footage of 12,239, resulting in a price per square foot of $817.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $10,000,000
- Address: 200 West 14th Street aka 62 7th Avenue
- Market: West Village, Manhattan
- Square Footage: 12,239
- Price Per Square Foot: $817
- Buyer: Josef Chehebar, Gabriel Shehebar & Aziz Syed - Checo Acquisitions
- Seller: Waverly Real Estate
- Brokers: James Nelson, Brandon Polakoff, David Shalom & Alexandra Marolda - Avison Young
Both the buyer and seller were represented by Avison Young, highlighting the firm's capacity to facilitate transactions on both sides. The key individuals involved in this transaction include Josef Chehebar, Gabriel Shehebar, and Aziz Syed as the buyers, while Waverly Real Estate acted as the seller.
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
1.59%
Cash-on-Cash
-0.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93