Alfred Sabetfard Acquires MultiFamily Asset At 216 Thompson Street New York City For $6.3M
216 Thompson Street
$6,300,000
$828/SF
Building Size
7,600 SF
Asset Type
MultiFamily
Closing
Mar 18, 2025
AI
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.
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
2.52%
Cash-on-Cash
-0.72%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93