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Edward Rich Acquires Multifamily Property At 47 Perry Street From Nancy Haber For $10.4M
SOLD
$10,400,000
New York
See Similar DealsMultiFamily11,405 SF
Sold 05/11/2026
SOLD
Edward Rich Acquires Multifamily Property At 47 Perry Street From Nancy Haber For $10.4M
47 Perry Street
See Similar DealsMultiFamily11,405 SF
Sold 05/11/2026
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$911
Total Square Footage:11,405 SF
Transaction Type:Sale
Edward Rich has purchased a multifamily property located at 47 Perry Street, situated in the West Village of Manhattan. The sale price for the asset was $10,400,000, and the property has a total square footage of 11,405, which translates to a price per square foot of $912.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $10,400,000
- Address: 47 Perry Street
- Market: West Village, Manhattan
- Sale Date: May 11, 2026
- Seller: Nancy Haber
- Buyer: Edward Rich
- Square Footage: 11,405
- Price per Square Foot: $912
This transaction represents a deal between Edward Rich and Nancy Haber, where Edward Rich acted as the buyer. The sale signifies a transfer of ownership in a competitive area known for its multifamily housing. The details of the sale highlight the active real estate landscape in Manhattan's West Village.
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$554,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$36,949.01
Cash-on-Cash Return-1.27%
Monthly Debt Service$49,301.31
Annual Debt Service$591,615.67
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