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315 W 102nd St, New York, N...

315 W 102nd St
SOLDMultiFamily

315 W 102nd St

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

$23,500,000

$648/SF

Building Size

36,252 SF

Asset Type

MultiFamily

Closing

Jan 20, 2017

AI

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

JLL

Broker

$2.2B

vol

90 deals

Broker

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

0.68%

Cash-on-Cash

-0.19%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93