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473 6th Avenue

Multifamily Property At 473 6th Avenue Sells For $5.275M In Greenwich Village
SOLDMultiFamily

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

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.

Players

David Shalom

Avison Young

Broker

$552.8M

vol

38 deals

Broker

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