Frank Augart Sells Upper West Side Multifamily Property For $2.5M With Jay Bernstein - Besen Partners
SOLD
$2,500,000
New York
See Similar DealsMultiFamily5,235 SF
Sold 10/19/2022
SOLD
Frank Augart Sells Upper West Side Multifamily Property For $2.5M With Jay Bernstein - Besen Partners
49 West 71st Street
See Similar DealsMultiFamily5,235 SF
Sold 10/19/2022
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$477
Total Square Footage:5,235 SF
Transaction Type:Sale
The multifamily property located at 49 W 71st Street in the Upper West Side has been sold in a recent transaction. The property consists of 10 units with a total square footage of 5,235. The sale price for this transaction was $2,500,000, resulting in a price per unit of $250,000. The price per square foot was calculated to be $478.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,500,000
- Units: 10
- Price per Unit: $250,000
- Square Footage: 5,235
- Price per Square Foot: $478
- Market: Upper West Side
The seller of the property was Frank Augart. The transaction was facilitated by Jay Bernstein from Besen Partners.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$133,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$8,881.99
Cash-on-Cash Return-1.27%
Monthly Debt Service$11,851.28
Annual Debt Service$142,215.31
Is there something missing? Send suggestions