Joe Annunziata Acquires 4-Unit Multifamily Property On Upper West Side For $2.9M
314 W 102nd St, New York, NY 10025, USA
$2,900,000
$707/SF
Building Size
4,097 SF
Asset Type
MultiFamily
Closing
Apr 9, 2020
AI
A multifamily property located at 314 West 102nd Street in the Upper West Side neighborhood has been sold in a closed transaction. The property consists of a total of 4,097 square feet and is classified as a multifamily asset.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,900,000
- Address: 314 West 102nd Street
- Market: Upper West Side
The buyer, Joe Annunziata, acquired the property from the seller, Barbara Fuller. The transaction was facilitated by the brokers John J. Stewart and Nicholas Biedron of @NYCBuildingAdvisors. The sale price for the property was $2,900,000, with a price per square foot of $708. The property consists of 4 units, resulting in a price per unit of $725,000.
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
5.47%
Cash-on-Cash
-1.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93