facebook
Traded Co logo
Submit

Icon Realty Sells Upper East Side Multifamily Property To Kenji Yamada

Property Image
SOLD
$8,400,000
Peter Von Der Ahe
David Lloyd
+ 3

New York

See Similar Deals
MultiFamily93,940 SF
Sold
the dealplayerscompscontact
Property Image
SOLD

Icon Realty Sells Upper East Side Multifamily Property To Kenji Yamada

313 E 92nd St, New York, NY 10128, USA

See Similar Deals
MultiFamily93,940 SF
Sold
Peter Von Der Ahe
David Lloyd
+ 3
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$89
Total Square Footage:93940 SF
Transaction Type:Sale

The property asset involved in this transaction is a multifamily unit located at 313 East 92nd Street, New York, in the Upper East Side market. The asset consists of 10 units within a total square footage of 8,540 sf, and the price for this transaction was $8,400,000, amounting to a price per square foot of $983 and a price per unit of $840,000.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $8,400,000
  • Address: 313 East 92nd Street
  • City: New York
  • Market: Upper East Side
  • Square Footage: 8,540 sf
  • Price per Square Foot: $983
  • Units: 10
  • Price per Unit: $840,000
  • Seller: @IconRealty – Terrence Lowenberg & Todd Cohen
  • Buyer: Kenji Yamada

The deal involved notable individuals including sellers Terrence Lowenberg and Todd Cohen representing @IconRealty. The transaction brings together various stakeholders in the multifamily market, with Kenji Yamada stepping in as the buyer.

Players

Peter Von Der Ahe
110 deals$1.4B volume
BROKER

Daniel (Danny) Handweiler
Raven Property Advisors
33 deals$320.3M volume(212) 430-5138
BROKER

David Lloyd
Marcus & Millichap
13 deals$275.2M volume
BROKER

Joseph (Joe) Koicim
Marcus & Millichap
167 deals$2.6B volume(212) 430-5147
BROKER

Terrence Lowenberg
Icon Realty Management
14 deals$170.4M volume
BROKER


7 deals$83.7M volume
SELLER

Details

SOLD
IMAGE: Terrence Lowenberg, Todd Cohen, Joe Koicim,Peter Von Der Ahe, David Lloyd and Danny Handweiler DATE: 04/30/2018 ADDRESS: 313 East 92nd Street CITY: New York MARKET: Upper East Side ASSET TYPE: Multifamily PRICE: $8,400,000 SF: 8,540 sf PPSF: $983 UNITS: 10 PPU: $840K SELLER: @IconRealty – Terrence Lowenberg & Todd Cohen BUYER: Kenji Yamada BROKER: […]

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$448,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$29,843.42
Cash-on-Cash Return-1.27%
Monthly Debt Service$39,820.29
Annual Debt Service$477,843.43