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29 West 75th Street, Manhat...

Jacques Ohayon Sells Multifamily Property On Upper West Side For $5.8M
SOLDMultiFamily

Jacques Ohayon Sells Multifamily Property On Upper West Side For $5.8M

29 West 75th Street, Manhattan, New York, NY, USA

$10,500,000

$1,364/SF

Building Size

7,693 SF

Asset Type

MultiFamily

Closing

Jun 14, 2021

AI

A multifamily property located at 43 West 75th Street in the Upper West Side neighborhood has been sold for $5,800,000. The property consists of 8 units with a price per unit of $725,000. The building has a total square footage of 8,992 and a price per square foot of $645. The property itself spans 8,250 square feet, with a price per square foot of $703.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $5,800,000
  • Units: 8
  • Price per Unit: $725,000
  • Total Building Square Footage: 8,992
  • Price per Building Square Foot: $645
  • Property Square Footage: 8,250
  • Price per Square Foot: $703

The seller of the property is Jacques Ohayon.

Players

Richard Pretsfelder

Leslie Garfield

Broker

$75.4M

vol

10 deals

Broker

New York MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.51%

Cash-on-Cash

-0.43%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93