Updated Oct 29, 2024
Efficiency Capital Advisors Acquires Multifamily Property In Yorkville For $10.2M
312 East 83rd Street, New York, NY, USA
$10,183,250
$1,213/SF
Building Size
8,395 SF
Asset Type
MultiFamily
Closing
Jan 6, 2021
About this deal
AI
A multifamily property located at 312 East 83rd Street in Yorkville has been sold in a recent transaction. The property spans across 8,395 square feet and was sold for a price of $10,183,250, resulting in a price per square foot of $1,213. The sale was finalized on January 7, 2021.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $10,183,250
- Address: 312 East 83rd Street
- Market: Yorkville
Efficiency Capital Advisors represented by William Crable acted as the buyer in this deal. The seller of the property was the Ventura Family.
On the Map
$10,183,250
$1,213/SF
MultiFamily
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Players
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
1.56%
Cash-on-Cash
-0.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93