Updated Dec 18, 2023
Asaf Dror Acquires Multifamily Property In West Village For $6.3M
221 West 13th Street, Manhattan, New York, NY, USA
$6,300,000
$1,638/SF
Building Size
3,845 SF
Asset Type
MultiFamily
Closing
Aug 22, 2021
About this deal
AI
The multifamily property located at 221 West 13th Street in the West Village has been sold for $6,300,000. The property spans 3,845 square feet and has a price per square foot of $1,638. The previous sale of the property took place in August 2004 for a price of $3,237,500.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $6,300,000
- Address: 221 West 13th Street
- Market: West Village
- Size: 3,845 square feet
- Price per Square Foot: $1,638
- Previous Sale Price: $3,237,500 (8/2004)
The buyer of the property is Asaf Dror, and the seller is Sandeep Chatrath.
On the Map
$6,300,000
$1,638/SF
MultiFamily
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Players
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