Jean Chou Acquires Multi-Family Property In West Village For $4.65M
232 W 10 St, New York City, New York 10014, United States
$4,650,000
$1,732/SF
Building Size
2,684 SF
Asset Type
MultiFamily
Closing
Nov 14, 2021
AI
A multi-family property located at 232 West 10 Street in the West Village, Manhattan was recently sold. The property is zoned as R6 and has a lot size of 943. The last sale of this property took place on August 25, 2017, for a price of $3,950,000. The lot dimensions are 17.58 ft x 59.17 ft. The new sale took place on November 15, 2021, for a price of $4,650,000.
Summary of transaction details
- Property Type: Multi Family
- Transaction Amount: $4,650,000
- Building Square Footage: 2,291
- Price per Building Square Foot: $2,030
- Lot Square Footage: 2,684
- Price per Square Foot: $1,732
- FAR (Floor-Area Ratio): 2.85
- Tax Class: 1
The buyer of the property is Jean Chou, while the seller is Ryan O Miller.
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
3.41%
Cash-on-Cash
-0.97%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93