facebook
Traded Co logo
Submit

Rita Kalimian Sakhaie Acquires Apartment In Yorkville, Manhattan For $19.6M

Property Image
SOLD
$19,612,500

New York

See Similar Deals
MultiFamily56,091 SF
Sold 04/29/2022
the dealplayerscompscontact
Property Image
SOLD

Rita Kalimian Sakhaie Acquires Apartment In Yorkville, Manhattan For $19.6M

440 East 81st Street, New York City, New York 10028, United States

See Similar Deals
MultiFamily56,091 SF
Sold 04/29/2022
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$349
Total Square Footage:56,091 SF
Transaction Type:Sale

An apartment located at 440 East 81st Street in Yorkville, Manhattan has been sold in a closed transaction. The property is zoned as R8B and has a lot size of 10,217 square feet. The apartment features a total of 56,091 square feet of space, with a price per square foot of $349. The total transaction price for the property was $19,612,500, with a building square footage (BSF) of 40,868 and a price per BSF of $479. The property has a floor area ratio (FAR) of 5.49 and is classified under tax class 2. Permits for alterations were issued on June 17, 2013, for this property, and the lot dimensions are 100 feet by 102.17 feet.

Summary of transaction details

  • Property Type: Apartment
  • Transaction Amount: $19,612,500
  • Zoning: R8B
  • Market: Yorkville, Manhattan
  • Lot Size: 10,217 sqft
  • BSF: 40,868 sqft
  • PPBSF: $479
  • SF: 56,091 sqft
  • PPSF: $349
  • FAR: 5.49
  • Tax Class: 2
  • Permits: Alteration 2 (06/17/2013)
  • Lot Dimension: 100 ft x 102.17 ft

Rita Kalimian Sakhaie has purchased the property located at 440 East 81st Street. The seller of the property is Albert Kalimian.

Players

5 deals$120.9M volume
BUYER

13 deals$760.5M volume
SELLER

Details

SOLD
IMAGE: 04/29/2022 ADDRESS: 440 East 81st Street MARKET: Yorkville, Manhattan ASSET TYPE: Apartment ~ ZONING: R8B BUYER: Rita Kalimian Sakhaie SELLER: Albert Kalimian PRICE: $19,612,500 BSF: 40,868 ~ PPBSF: $479 SF: 56,091 ~ PPSF: $349 FAR: 5.49 TAX CLASS: 2 LOT SIZE: 10,217 PERMITS: Alteration 2 (06/17/2013) LOT DIMENSION: 100 ft x 102.17 ft

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$1,045,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$69,679.08
Cash-on-Cash Return-1.27%
Monthly Debt Service$92,973.26
Annual Debt Service$1,115,679.07