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36 East 7th Street, Manhatt...

Updated Dec 20, 2023

Ania Chowaniec Sells Multifamily Property In East Village For $10.35M With Broker Brandon Polakoff - Avison Young
SOLDMultiFamily

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

Brandon Polakoff

Avison Young

Broker

$1.8B

vol

127 deals

Broker

New York MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $982 per square foot on a published $10.4M for 10,540 square feet (2020).

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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

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