Updated Dec 19, 2023
Snir David & Moshe Levy Acquire Multifamily Property On West 12th Street For $8.4M
34 West 12th Street, New York City, New York 10011, United States
$8,425,000
$1,441/SF
Building Size
5,845 SF
Asset Type
MultiFamily
Closing
Jun 28, 2022
About this deal
AI
The multifamily property located at 34 West 12th Street in Greenwich Village has been sold. The transaction took place on June 29, 2022. The property consists of 5 units with a total area of 5,845 square feet. The sale price for this property was $8,425,000, resulting in a price per unit of $1,685,000. The price per square foot is $1,441.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $8,425,000
- Address: 34 West 12th Street
- Market: Greenwich Village
- Units: 5
- Price per Unit: $1,685,000
- Total Area: 5,845 square feet
- Price per Square Foot: $1,441
The buyers of this property are Snir David and Moshe Levy. On the other hand, John P. Sipp Jr. is the seller. They completed the transaction for the multifamily property located at 34 West 12th Street in Greenwich Village.
On the Map
$8,425,000
$1,441/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
1.88%
Cash-on-Cash
-0.54%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93