Joshua A Feltman And Victoria Stein Feltman Acquire Multifamily Property On 47 West 95 Street For $8.3M
47 West 95th Street, New York City, New York 10025, United States
$8,305,000
$2,064/SF
Building Size
4,023 SF
Asset Type
MultiFamily
Closing
Sep 21, 2021
AI
A multifamily property located at 47 West 95 Street in the Upper West Side of New York City has been sold for a total price of $8,305,000. The property has a total square footage of 4,023 and a price per square foot of $2,064. The building has a buildable square footage of 6,233, with a price per buildable square foot of $1,332. The lot size is 1,812 square feet, and the property is zoned as R7-2, allowing for a floor area ratio (FAR) of 2.22. The property falls under tax class 1.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $8,305,000
- Market: Upper West Side
The buyer of the property is Joshua A Feltman and Victoria Stein Feltman, while the seller is Joshua Eisenberg. The deal was facilitated by Cathy Franklin, Alexis Bodenheimer, and Jaimie Hannon from Corcoran.
It is worth noting that the property was previously sold on May 4, 2018, for a price of $5,399,157. An alteration permit was obtained on May 7, 2018, for the property. The lot dimension is 18 ft x 100.67 ft.
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
1.91%
Cash-on-Cash
-0.55%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93