Updated Dec 20, 2023
Ania Chowaniec Sells Multifamily Property In East Village For $10.35M With Broker Brandon Polakoff - Avison Young
36 East 7th Street, Manhattan, New York, NY, USA
$10,350,000
$982/SF
Building Size
10,540 SF
Asset Type
MultiFamily
Closing
May 20, 2020
About this deal
AI
The East Village multifamily property located at 36 E. 7th Street has been sold in a recent transaction. The sale, which took place on 05/20/2021, involved a property with a total square footage of 10,540. The property was listed for a sale price of $10,350,000, resulting in a price per square foot of $981. The transaction was facilitated by broker Brandon Polakoff from Avison Young, who represented the seller, Ania Chowaniec. The buyer's identity remains undisclosed.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $10,350,000
- Market: East Village
- Broker: Brandon Polakoff - Avison Young
This transaction showcases the involvement of key individuals and companies in the deal. Ania Chowaniec acted as the seller, while Brandon Polakoff from Avison Young served as the broker representing the seller. The buyer's representative was not disclosed. The sale highlights the demand for multifamily properties in the East Village market.
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
1.53%
Cash-on-Cash
-0.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93