Jacques Ohayon Sells Multifamily Property On Upper West Side For $5.8M
SOLD
New York
See Similar DealsMultiFamily7,693 SF
Sold 06/15/2021
SOLD
Jacques Ohayon Sells Multifamily Property On Upper West Side For $5.8M
29 West 75th Street, Manhattan, New York, NY, USA
See Similar DealsMultiFamily7,693 SF
Sold 06/15/2021
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$1,364
Total Square Footage:7,693 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$559,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$37,304.29
Cash-on-Cash Return-1.27%
Monthly Debt Service$49,775.36
Annual Debt Service$597,304.28
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