Updated Dec 18, 2023
David Batalion Acquires Multifamily Property On Upper West Side For $6.2M
326 West 77th Street, New York City, New York 10024, United States
$6,200,000
$1,222/SF
Building Size
5,072 SF
Asset Type
MultiFamily
Closing
Oct 13, 2021
About this deal
AI
Located at 326 West 77 Street in the Upper West Side, this multifamily property was sold in a closed transaction. The property is zoned as R8B, and it has a lot size of 2,043 square feet. The lot dimension measures 20 feet by 102.17 feet. The property underwent an alteration permit on June 24, 2016.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $6,200,000
- Buyer: David Batalion
- Seller: Jason Rohlman
- Broker: Richard Pretsfelder & Sophie Smadbeck - Leslie J. Garfield
- Market: Upper West Side
- Building Square Footage: 5,067
- Price per Square Foot: $1,223
- Building Square Footage (BSF): 8,172
- Price per Building Square Foot (PPBSF): $758
- Floor Area Ratio (FAR): 2.48
- Tax Class: 2B
In this transaction, Richard Pretsfelder and Sophie Smadbeck from Leslie J. Garfield represented the buyer and seller respectively.
On the Map
$6,200,000
$1,222/SF
MultiFamily
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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
2.56%
Cash-on-Cash
-0.73%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93