Updated Dec 22, 2023
Hall Oster, Paul Smadbeck, Teddy Galligan, Conrad Martin & Braedon Gait Acquire 6-Unit Multifamily On Upper East Side For $5.225M
206 East 75th Street, Manhattan, New York, NY 10021, USA
$5,225,000
$981/SF
Building Size
5,323 SF
Asset Type
MultiFamily
Closing
Oct 4, 2021
About this deal
AI
An multifamily property located at 206 East 75th Street in the Upper East Side was recently sold for a total of $5,225,000. This property, spanning 5,323 square feet, consists of six units, resulting in an average price per unit of $870,833. The sale price per square foot was $981.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $5,225,000
- Square Footage: 5,323
- Number of Units: 6
- Price per Unit: $870,833
- Price per Square Foot: $981
- Address: 206 East 75th Street
- Market: Upper East Side
- Tax Class: 2A
The sale was facilitated by Hall Oster, Paul Smadbeck, Teddy Galligan, Conrad Martin, and Braedon Gait of LL.
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
3.04%
Cash-on-Cash
-0.87%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93