facebook
Traded Co logo
Submit
Daily limit: 0/10

Alfred Sabetfard Acquires MultiFamily Asset At 216 Thompson Street New York City For $6.3M

Property Image
SOLD
$6,300,000

New York

See Similar Deals
MultiFamily7,600 SF
Sold 03/18/2025
the dealplayerscompscontact
Property Image
SOLD

Alfred Sabetfard Acquires MultiFamily Asset At 216 Thompson Street New York City For $6.3M

216 Thompson Street

See Similar Deals
MultiFamily7,600 SF
Sold 03/18/2025
the dealplayerscompscontact
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$828
Total Square Footage:7,600 SF
Transaction Type:Sale

The property asset involved in this transaction is a MultiFamily unit located at 216 Thompson Street in New York City. The property was sold for $6,300,000.00 and comprises 8 units with a total square footage of 7,600.0.

Summary of transation details:

  • Property Type: MultiFamily
  • Transaction Amount: $6,300,000.00
  • Address: 216 Thompson Street
  • Market: New York City
  • Units: 8
  • Square Footage: 7600.0
  • Buyer: Alfred Sabetfard
  • Sale Date: 03/18/2025

The transaction involves Alfred Sabetfard as the buyer. No additional parties or details regarding representation have been disclosed in this context.

Players

AS
Alfred Sabetfard
5 deals$70.2M volume
BUYER

Details

SOLD
IMAGE: 03/18/2025 ADDRESS: 216 Thompson Street MARKET: Greenwich Village, Manhattan ASSET TYPE: Multifamily BUYER: Alfred Sabetfard - Sabet Group SELLER: Shin Y. Yen, Tze Hao Yen & Yu Chen Lin SALE PRICE: $6,300,000 UNITS: 8 ~ PPU: $787,500 SF: 7,600 ~ PPSF: $829 NOTE: Sabet Group, through 216 Thompson Street LLC, acquired an eight-unit residential walkup at 216 Thompson Street, Greenwich Village, for $6.3M from Shin Y. Yen, Tze Hao Yen, and Yu Chen Lin.

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

Contact

Get in touch with the broker you want

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
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$336,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$22,382.57
Cash-on-Cash Return-1.27%
Monthly Debt Service$29,865.21
Annual Debt Service$358,382.57