Abraham Stawski Acquires Yorkville Multifamily For $21.25M
413 East 78th Street, New York City, New York 10075, United States
$21,250,000
$2,000/SF
Building Size
10,625 SF
Asset Type
MultiFamily
Closing
Jun 29, 2022
AI
The multifamily property located at 413 E. 78th St. & 431 East 87th St. in Yorkville was recently sold for a total of $21,250,000. The transaction was completed on 06/30/2022.
Summary of transaction details
- Property Type: Multifamily
- Sale Price: $21,250,000
- Square Footage: 21,842
- Price Per Square Foot: $973
- Market: Yorkville
The buyer of the property was Abraham Stawski, while the seller was the Lavin Family. The buyer was represented by Viktar Koltau from Douglas Elliman, and the seller was represented by Shay Zach from Gaia Property Group and Thomas Gammino from B6 Real Estate Advisors.
For any additional information or other similar properties for sale, please contact Shay Zach from Gaia Property Group at [email protected]. They also have an active 1031 purchaser looking for elevator buildings in Manhattan up to $15,000,000.
Players
New York MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.75%
Cash-on-Cash
-0.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93