Gili Haberberg Acquires The Canterbury, UWS Multi Family For $32.5M
204 W 108th St, New York, NY 10025, USA
Building Size
42,186 SF
Asset Type
MultiFamily
Closing
Nov 28, 2020
AI
The Canterbury, located at 204 W 108th Street in New York's UWS neighborhood, has been sold in a closed transaction for a price of $32,500,000. Spanning across 42,186 square feet, the property has a price per square foot of $770 and a capitalization rate of approximately 4.9%. The purchase price per unit stands at $677,083.
Summary of transaction details
- Property Type: Multi Family
- Transaction Amount: $32,500,000
- Address: 204 W 108th Street, New York
- Market: UWS
- Square Footage: 42,186 sf
- Price per Square Foot: $770
- Capitalization Rate: Approx 4.9%
- Purchase Price per Unit: $677,083
The transaction involved the Orbach Group, represented by Meyer Orbach, as the seller. The buyer, Gili Haberberg, is associated with Arkar Inc and can be contacted at (646) 330-4887 or [email protected]. The deal was facilitated by Avison Young, acting as the broker in this transaction.
Players
New York MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93