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Dan Rozenblatt Acquires Multifamily Property In Upper West Side, Manhattan For $4.25M

Property Image
SOLD
$4,250,000

New York

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MultiFamily4,101 SF
Sold 10/14/2022
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Property Image
SOLD

Dan Rozenblatt Acquires Multifamily Property In Upper West Side, Manhattan For $4.25M

342 West 84th Street, New York City, New York 10024, United States

See Similar Deals
MultiFamily4,101 SF
Sold 10/14/2022
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$1,036
Total Square Footage:4,101 SF
Transaction Type:Sale

The multifamily property located at 342 West 84th Street in the Upper West Side of Manhattan has been sold in a closed transaction. The property, zoned as R8B, offers a total buildable square footage (BSF) of 7,356, with a price per buildable square footage (PPBSF) of $577. The total square footage (SF) of the property is 4,101, with a price per square footage (PPSF) of $1,036.

Summary of Transaction Details:

  • Property Type: Multifamily
  • Transaction Amount: $4,250,000
  • Market: Upper West Side, Manhattan
  • Buyer: Dan Rozenblatt
  • Seller: Alexander C Levy
  • Lot Size: 1,839
  • Lot Dimension: 18 ft x 102.17 ft

Dan Rozenblatt acted as the buyer in this transaction, while Alexander C Levy was the seller. The property includes a floor area ratio (FAR) of 2.23 and is classified under tax class 1. The lot has a dimension of 18 feet by 102.17 feet.

Players

4 deals$126M volume
BUYER

4 deals$18.4M volume
SELLER

Details

SOLD
IMAGE: 10/14/2022 ADDRESS: 342 West 84th Street MARKET: Upper West Side, Manhattan ASSET TYPE: Multifamily ~ ZONING: R8B BUYER: Dan Rozenblatt SELLER: Alexander C Levy PRICE: $4,250,000 BSF: 7,356 ~ PPBSF: $577 SF: 4,101 ~ PPSF: $1,036 FAR: 2.23 TAX CLASS: 1 LOT SIZE: 1,839 LOT DIMENSION: 18 ft x 102.17 ft

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$226,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$15,099.35
Cash-on-Cash Return-1.27%
Monthly Debt Service$20,147.17
Annual Debt Service$241,766.02