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NYCBuildingAdvisors & Marcus Millichap Acquire Multifamily Asset On Upper West Side For $5.05M

Property Image
SOLD
$5,050,000

New York

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MultiFamily17,635 SF
Sold 06/29/2020
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Property Image
SOLD

NYCBuildingAdvisors & Marcus Millichap Acquire Multifamily Asset On Upper West Side For $5.05M

211 West 108th Street, New York, NY 10025

See Similar Deals
MultiFamily17,635 SF
Sold 06/29/2020
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$286
Total Square Footage:17,635 SF
Transaction Type:Sale

A multifamily property located at 211-213 West 108th Street in the Upper West Side was recently sold for $5,050,000. The property consists of 21 units and spans a total of 17,635 square feet. This translates to a price per square foot of $286 and a price per unit of $240,476.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $5,050,000
  • Square Feet: 17,635
  • Price per Square Foot: $286
  • Units: 21
  • Price per Unit: $240,476

The sale of this multifamily property was facilitated by brokers John J. Stewart and Nicholas Biedron, representing NYC Building Advisors and Marcus & Millichap, respectively.

Players

Nicholas (Nick) Biedron
11 deals$57.2M volume(212) 430-5198
BROKER

John J. Stewart
Marcus & Millichap
30 deals$212.6M volume
BROKER

Details

SOLD
IMAGE: John J. Stewart & Nicholas Biedron DATE: 06/29/2021 ADDRESS: 211-213 West 108th Street MARKET: Upper West Side ASSET TYPE: Multifamily BROKERS: John J. Stewart & Nicholas Biedron @NYCBuildingAdvisors @MarcusMillichap_NY SALE PRICE: $5,050,000 SF: 17,635 ~ PPSF: $286 UNITS: 21 ~ PPU: $240,476

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

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