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
$4,250,000
$1,036/SF
Building Size
4,101 SF
Asset Type
MultiFamily
Closing
Oct 13, 2022
AI
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.
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
3.73%
Cash-on-Cash
-1.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93