facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Multifamily

/

Sale

/

201 West 77th Street

Dan Rozenblatt Acquires Upper West Side Multifamily From Danielle S. Downing For $4.48M
SOLDMultiFamily

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

William Shanahan

CBRE

Broker

$6.4B

vol

20 deals

Broker

Dan Rozenblatt

Buyer

$126M

vol

4 deals

Buyer

New York MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

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