Laurie Stark Acquires Multi Family Property On Perry Street In West Village For $14.5M
32 Perry Street, New York City, New York 10014, United States
$14,500,000
$3,489/SF
Building Size
4,155 SF
Asset Type
MultiFamily
Closing
Nov 30, 2021
AI
Located in the West Village, Manhattan, the multi-family property at 32 Perry Street has been sold in a recent transaction. The property, zoned as R6 and C2-6, offers a total building square footage (BSF) of 4,809. The price for this property was set at $14,500,000, resulting in a price per BSF (PPBSF) of $3,015. The total square footage (SF) of the property is 4,155, with a price per square foot (PPSF) of $3,490. The property boasts an FAR (Floor Area Ratio) of 2.10 and falls under tax class 1.
Summary of transaction details:
- Property Type: Multi Family
- Transaction Amount: $14,500,000
- Address: 32 Perry Street, West Village, Manhattan
- Zoning: R6, C2-6
- BSF: 4,809
- PPBSF: $3,015
- SF: 4,155
- PPSF: $3,490
- FAR: 2.10
- Tax Class: 1
The buyer of the property is Laurie Stark, while the seller is Robert S Frankel. The lot size of the property is 1,979, with dimensions of 20.83 ft x 95 ft. The previous sale of the property occurred on October 1, 2007, for a price of $9,100,000.
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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
1.09%
Cash-on-Cash
-0.31%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93