Asaf Dror Acquires Multifamily Property In West Village For $6.3M
SOLD
$6,300,000
New York
See Similar DealsMultiFamily3,845 SF
Sold 08/23/2021
SOLD
Asaf Dror Acquires Multifamily Property In West Village For $6.3M
221 West 13th Street, Manhattan, New York, NY, USA
See Similar DealsMultiFamily3,845 SF
Sold 08/23/2021
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$1,638
Total Square Footage:3,845 SF
Transaction Type:Sale
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.
Details
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Deal Type
30 years
10 years
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
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