Updated Dec 20, 2023
381 West End Avenue, LLC – JM DIEBOLD Acquires Multifamily Property In Manhattan For $5M
381 West End Ave, New York, NY 10024, USA
Building Size
4,556 SF
Asset Type
MultiFamily
Closing
Nov 6, 2017
About this deal
AI
Located at 381 West End Avenue in Manhattan, this multifamily property was recently sold in a closed transaction. The property spans 4,556 square feet and was sold at a price of $5,000,000, resulting in a price per square foot of $1,096. Offering a total of 3 units, this property provides ample living space for its residents.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $5,000,000
- Square Footage: 4,556
- Price per Square Foot: $1,096
- Address: 381 West End Avenue, New York
- Market: Manhattan
The seller of this property was Will Of Emanuel F. Hammer, while the buyer was 381 West End Avenue, LLC, represented by JM DIEBOLD.
Players
New York MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93