Rita Kalimian Sakhaie Acquires Apartment In Yorkville, Manhattan For $19.6M
440 East 81st Street, New York City, New York 10028, United States
$19,612,500
$349/SF
Building Size
56,091 SF
Asset Type
MultiFamily
Closing
Apr 28, 2022
AI
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
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
0.81%
Cash-on-Cash
-0.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93