Updated Nov 17, 2023
Robert N. Braun's West68 LLC Acquires Multifamily Building In Lincoln Square, Manhattan For $3.9M
41 West 68th Street New York, New York 10023, USA
$3,900,000
$690/SF
Building Size
5,651 SF
Asset Type
MultiFamily
Closing
May 2, 2023
About this deal
AI
A nine-unit residential walkup building located at 41 West 68th Street in Lincoln Square, Manhattan has been sold for $3.9 million. The buyer, Robert N. Braun, acquired the property through West68 LLC on May 2, 2023. The building has a total square footage of 7,232 and a price per square foot of $539. The sale price for each unit is $690 per square foot.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,900,000
- Address: 41 West 68th Street
- Market: Lincoln Square, Manhattan
Robert N. Braun, represented by West68 LLC, purchased the property from Melene Nahodil and Neal Hidalgo.
Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.07%
Cash-on-Cash
-1.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93