Compass, Brown Harris Stevens, And Corcoran Brokers Facilitate $9.95M Multifamily Sale In West Village
SOLD
$9,950,000
+ 1
New York
See Similar DealsMultiFamily3,322 SF
Sold 08/09/2022
SOLD
Compass, Brown Harris Stevens, And Corcoran Brokers Facilitate $9.95M Multifamily Sale In West Village
36 Perry Street, New York City, New York 10014, United States
See Similar DealsMultiFamily3,322 SF
Sold 08/09/2022
+ 1
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$2,995
Total Square Footage:3,322 SF
Transaction Type:Sale
A multifamily property located at 36 Perry Street in the West Village has been sold for a price of $9,950,000. This property spans 3,322 square feet, resulting in a price per square foot of $2,995. The sale took place on August 9, 2022.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $9,950,000
- Address: 36 Perry Street
- Market: West Village
- Square Footage: 3,322
- Price per Square Foot: $2,995
The sale of this multifamily property was facilitated by several brokers. Stephen Ferrara represented the buyer and is affiliated with Compass. Wolf Jakubowski represented the seller and is affiliated with Brown Harris Stevens. Additionally, Charlie Miller and Laurie Lewis represented the seller through Corcoran.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$530,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$35,350.26
Cash-on-Cash Return-1.27%
Monthly Debt Service$47,168.08
Annual Debt Service$566,016.92
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