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307 East 10th Street, Manha...

Updated Dec 20, 2023

Amir Whelan Acquires Multifamily Property In East Village For $7M
SOLDMultiFamily

Amir Whelan Acquires Multifamily Property In East Village For $7M

307 East 10th Street, Manhattan, New York, NY, USA

$7,000,000

$998/SF

Building Size

7,008 SF

Asset Type

MultiFamily

Closing

Oct 21, 2020

About this deal

AI

The multifamily property located at 307 East 10th Street in the East Village was sold on October 22, 2020. The asset, which falls under the R8B zoning classification, spans 5,500 square feet. The sale price was $7,000,000, resulting in a price per square foot of $1,273.

Summary of transaction details

  • Property Type: Multifamily ~ R8B
  • Transaction Amount: $7,000,000
  • Address: 307 East 10th Street
  • Market: East Village

Amir Whelan purchased the property from George R Diggle.

The multifamily sale at 307 East 10th Street, Manhattan, New York, NY, USA in New York, New York sold for $7M in 2020. The building is 7,008 square feet, implying about 998 per square foot on the published price. Named participants on the 307 East 10th Street, Manhattan, New York, NY, USA sale are Amir Whelan. This page is the New York, New York file for the 307 East 10th Street, Manhattan, New York, NY, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same New York sit in the Market section below. Filter that New York multifamily set by closing date to see what else sold near 307 East 10th Street, Manhattan, New York, NY, USA around 2020. Published consideration for 307 East 10th Street, Manhattan, New York, NY, USA is $7M, dated 2020. Cite this Amir Whelan Acquires Multifamily Property In East Village For $7M sale when underwriting similar multifamily product around New York, New York.

Players

Amir Whelan

Buyer

$16M

vol

2 deals

Buyer

New York MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $998 per square foot on a published $7M for 7,008 square feet (2020).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.27%

Cash-on-Cash

-0.65%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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