Rony Kravel Acquires Multifamily Property In East Village For $15.4M
208 East 6th Street, Manhattan, New York, NY, USA
$15,400,000
$763/SF
Building Size
20,176 SF
Asset Type
MultiFamily
Closing
Nov 18, 2021
AI
Located at 208 East 6 Street in the vibrant East Village neighborhood, this multifamily property was recently sold in a closed transaction. The property is zoned as R8B, allowing for residential development. Covering a lot size of 4,850 square feet, the property offers ample space for residents to enjoy.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $15,400,000
- Market: East Village
- Address: 208 East 6 Street
- Buyer: Rony Kravel
- Seller: Adrian Slywotzky
- BSF: 19,400
- PPBSF: $278
- SF: 20,176
- PPSF: $763
- FAR: 4.16
- Tax Class: 2
- Permits: Alteration 2 (07/21/2016)
- Lot Dimension: 50 ft x 97 ft
Rony Kravel emerged as the buyer in this transaction, while Adrian Slywotzky acted as the seller. The property was sold for a price of $15,400,000, with a building square footage of 20,176. The buyer and seller were represented by their respective brokers.
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
1.03%
Cash-on-Cash
-0.29%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93