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315 W 102nd St

Property Image
SOLD
$23,500,000

New York

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MultiFamily36,252 SF
Sold 01/20/2017
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Property Image
SOLD

315 W 102nd St

315 W 102nd St, New York, NY, 10025

See Similar Deals
MultiFamily36,252 SF
Sold 01/20/2017
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$648
Total Square Footage:36,252 SF
Transaction Type:Sale

The property involved in this transaction is located at 315 W 102nd St, New York, NY, 10025. The sale price for the asset was $23,500,000.00, and it has a total square footage of 36,252. The market for this transaction is New York.

Summary of transaction details:

  • Property Type: SALE
  • Transaction Amount: $23,500,000.00
  • Address: 315 W 102nd St, New York, NY, 10025
  • Square Footage: 36,252
  • Buyer: Vincent Young
  • Seller: West End Manor
  • Buyer's Representative: Bryan Smadbeck - Cushman & Wakefield, Hall Oster - JLL
  • Seller's Representative: Matthew "Teddy" Galligan - JLL

This transaction involved notable individuals and organizations, including buyer Vincent Young and seller West End Manor. The deal was represented by Bryan Smadbeck and Hall Oster from Cushman & Wakefield and JLL, respectively, with Matthew "Teddy" Galligan from JLL representing the seller. Each party played a significant role in facilitating the successful transfer of ownership.

Players

Hall Oster
88 deals$2.1B volume
BROKER

Matthew "Teddy" Galligan
JLL
7 deals$179M volume
BROKER

Bryan Smadbeck
Cushman & Wakefield
3 deals$82.4M volume(212) 377-2278
BROKER

Details

SOLD
IMAGE: 315 W 102nd St, New York, NY, 10025 MARKET: New York BUYER'S REP: Bryan Smadbeck -Cushman & Wakefield, Hall Oster .-JLL SELLER'S REP: Matthew "Teddy" Galligan -JLL- BUYER: Vincent Young SELLER: West End Manor PRICE: $23,500,000.00 SF: 36252

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$1,253,333.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$83,490.54
Cash-on-Cash Return-1.27%
Monthly Debt Service$111,401.99
Annual Debt Service$1,336,823.87