Dan Rozenblatt Acquires Upper West Side Multifamily From Danielle S. Downing For $4.48M
201 West 77th Street
$106,400,000
$10,415/SF
Building Size
10,216 SF
Asset Type
MultiFamily
Closing
Nov 29, 2020
AI
The recently closed property transaction on the Upper West Side involved a multifamily asset located at 223 West 78th Street. This property consists of 8 units with a total sale price of $4,480,000, resulting in a per-unit price of $560,000. The building spans over 8,172 square feet, equating to a price per square foot of $548. The individual units have a combined area of 3,449 square feet, with an average price per square foot of $1,298.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $4,480,000
- Units: 8
- Price per Unit: $560,000
- Building Square Footage: 8,172
- Price per Building Square Foot: $548
- Total Square Footage of Units: 3,449
- Price per Square Foot (Units): $1,298
In this transaction, the buyer is Dan Rozenblatt and the seller is Danielle S. Downing.
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
0.15%
Cash-on-Cash
-0.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93