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
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.
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