Daily limit: 0/10
215 West 101 LLC Acquires Multifamily Property On Upper West Side For $54.5M
SOLD
$54,500,000
New York
See Similar DealsMultiFamily
Sold 06/26/2023
SOLD
215 West 101 LLC Acquires Multifamily Property On Upper West Side For $54.5M
215 West 101st Street New York, New York 10025, USA
See Similar DealsMultiFamily
Sold 06/26/2023
Summary
NEW YORK
Asset Type:MultiFamily
Transaction Type:Sale
The 86-unit apartment property located at 215 West 101 St. in Manhattan's Upper West Side neighborhood has been sold for $54.5 million, equating to approximately $633,721 per unit.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $54,500,000
- Address: 215 West 101 Street
- Market: Upper West Side
The buyer of the property is 215 West 101 LLC, while the seller is ZM NIV LLC.
Note: No additional information is available about the deal's key individuals and companies involved in the transaction.
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$2,906,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$193,627.00
Cash-on-Cash Return-1.27%
Monthly Debt Service$258,357.80
Annual Debt Service$3,100,293.66
Is there something missing? Send suggestions