Updated Dec 21, 2023
Charles Milite Acquires West Village Multifamily From Michele Gaton For $4.08M
214 W 11th St, New York, NY 10014, USA
$4,083,000
$1,221/SF
Building Size
3,344 SF
Asset Type
MultiFamily
Closing
Apr 23, 2020
About this deal
AI
The multifamily property located at 214 West 11th Street in the West Village has been sold in a closed transaction. The property consists of 2 units with a total square footage of 3,344. The transaction price for this property was $4,083,000, resulting in a price per square foot of $1,220.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $4,083,000
- Address: 214 West 11th Street
- Market: West Village
Charles Milite acted as the buyer in this transaction, while Michele Gaton represented the seller. The price per unit for this property was $2,041,500.
On the Map
$4,083,000
$1,221/SF
MultiFamily
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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
3.89%
Cash-on-Cash
-1.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93