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57 West 10th Street, Manhat...

Steven Gautier-Winther Acquires Multifamily Property In Greenwich Village For $12.1M
SOLDMultiFamily

Steven Gautier-Winther Acquires Multifamily Property In Greenwich Village For $12.1M

57 West 10th Street, Manhattan, New York, NY, USA

$12,100,000

$939/SF

Building Size

12,874 SF

Asset Type

MultiFamily

Closing

May 19, 2019

AI

A multifamily property located at 57 West 10th Street in Greenwich Village has been sold. The property spans 12,874 square feet and was sold for a price of $12,100,000, resulting in a price per square foot of $939. The sale took place on May 20, 2019. The seller was BrodskyOrg, while the buyer was Steven Gautier-Winther.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $12,100,000
  • Address: 57 West 10th Street
  • Market: Greenwich Village

In this transaction, the seller was represented by John Ciraulo, Craig Waggner, and Michael Gembecki of ushWake TeamCirauloWaggner, while the buyer was represented by Ivan Hakimian and Lexi Kaplan of PNY_.

Players

Ivan Hakimian

HPNY

Broker

$132.6M

vol

8 deals

Broker

Steven Gautier-Winther

Willowick Properties

Buyer

$128.5M

vol

9 deals

Buyer

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

1.31%

Cash-on-Cash

-0.37%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93