Updated Oct 29, 2024
Danny Hakakian Acquires West Village Multi Family For $15.9M
W 34th St & 8th Ave, New York, NY 10123, USA
$15,900,000
$117/SF
Building Size
134,900 SF
Asset Type
MultiFamily
Closing
Sep 27, 2018
About this deal
AI
A multi-family property located at 34 8th Avenue in West Village, New York has been sold in a closed transaction. The property was sold for a total price of $15,900,000, equating to a price per square foot of $1,178. The property spans a total of 13,490 square feet.
Summary of transaction details
- Property Type: Multi Family
- Transaction Amount: $15,900,000
- Price per Square Foot: $1,178
The seller of the property was Maruccia Inc, represented by Marianne Stankiewicz. The buyer was Danny Hakakian. The transaction was facilitated by broker David Shalom.
On the Map
$15,900,000
$117/SF
MultiFamily
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Players
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
1.00%
Cash-on-Cash
-0.29%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93