Updated Dec 20, 2023
Safdie Realty Group Brokers $3.4M Sale Of 4,500 SF Multifamily Property In Upper West Side
263 West 93rd Street, Manhattan, New York, NY, USA
$3,400,000
$755/SF
Building Size
4,500 SF
Asset Type
MultiFamily
Closing
Dec 13, 2020
About this deal
AI
A 4,500 sqft multifamily property located at 263 W 93rd St in the Upper West Side has been sold for $3,400,000. The property is zoned for R8 use and is situated in a desirable market, offering potential for investment and development opportunities. The transaction was facilitated by broker Joseph Safdie of Safdie Realty Group.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,400,000
- Square Footage: 4,500
- Address: 263 W 93rd St
- Market: Upper West Side
- Zoning: R8
Joseph Safdie of Safdie Realty Group played a crucial role in successfully negotiating the sale of this property. With their expertise in the market, Safdie Realty Group offers comprehensive services for both buyers and sellers. For any real estate needs, reach out directly to Safdie Realty Group.
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
4.67%
Cash-on-Cash
-1.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93