Updated Nov 28, 2024
Urban Standard Capital Acquires Multifamily Property In Upper West Side For $3.4M
268 W 73rd St, New York, NY 10023, USA
$3,400,000
$534/SF
Building Size
6,360 SF
Asset Type
MultiFamily
Closing
Sep 29, 2020
About this deal
AI
An upper West Side multifamily property located at 268 West 73rd Street has been sold for $3,400,000. The property spans across 6,360 square feet and has a price per square foot of $534. The transaction took place on September 30, 2020.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,400,000
- Square Footage: 6,360
- Price Per Square Foot: $534
- Address: 268 West 73rd Street
- Market: Upper West Side
Urban Standard Capital purchased the property from James Mccullar. The deal was facilitated by Jason Pavon, Sam Hollander, Robert Levine, and Seth Weissman.
Players
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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