Updated Dec 4, 2024
Multifamily Property At 473 6th Avenue Sells For $5.275M In Greenwich Village
473 6th Avenue
$5,275,000
$3,901/SF
Building Size
1,352 SF
Asset Type
MultiFamily
Closing
Aug 1, 2024
About this deal
AI
This multifamily property located at 473 6th Avenue in Greenwich Village, Manhattan was sold for $5,275,000. The total square footage of the property is 3,901, resulting in a price per square foot of $1,352.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $5,275,000
- Square Footage: 3,901
- Price per Square Foot: $1,352
- Address: 473 6th Avenue
- Market: Greenwich Village, Manhattan
The deal was facilitated by brokers David Shalom and Ryan McGuirl from Avison Young, along with Nicholas Judson, Crosby Matthews, and Stephen Gueye from Judson CRE, who represented the involved parties throughout the transaction.
On the Map
$5,275,000
$3,901/SF
MultiFamily
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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
3.01%
Cash-on-Cash
-0.86%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93