Updated Oct 29, 2024
215 West 101 LLC Acquires Multifamily Property On Upper West Side For $54.5M
215 West 101st Street New York, New York 10025, USA
$54,500,000
Units
86
Asset Type
MultiFamily
Closing
Jun 26, 2023
About this deal
AI
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.
Players
Lagrange MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Browse Lagrange multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.29%
Cash-on-Cash
-0.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93