Updated Oct 25, 2024
Jonathan Leifer & Parke Leatherman Acquire Multifamily Properties In Manhattan For $24.25M
333 East 13th Street, New York City, New York 10003, United States
$24,250,000
$725/SF
Building Size
33,450 SF
Asset Type
MultiFamily
Closing
Jan 25, 2022
About this deal
AI
The multifamily property located at 333, 335 & 337 East 13th Street in Manhattan has been sold for a price of $24,250,000. The property spans across 33,450 square feet, resulting in a price per square foot of $724. The sale took place on January 26, 2022.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $24,250,000
- Address: 333, 335 & 337 East 13th Street, Manhattan
- Market: Manhattan
The property was purchased by Jonathan Leifer and Parke Leatherman from the seller, Craig Lemle. The transaction was facilitated by the brokers Brandon Polakoff and James Nelson from Avison Young.
On the Map
$24,250,000
$725/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
0.65%
Cash-on-Cash
-0.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93