Avraham Dishi Acquires Apartment In Washington Heights, Manhattan For $8.6M
497 West 182nd Street, New York City, New York 10033, United States
$8,595,386
$265/SF
Building Size
32,436 SF
Asset Type
MultiFamily
Closing
Mar 3, 2022
AI
A closed property transaction took place at 497 West 182nd Street in Washington Heights, Manhattan. The property is classified as an apartment and falls under the R7-2 and C2-4 zoning regulations. The deal involved a buyer named Avraham Dishi and a seller named Eli Schron.
Summary of transaction details
- Property Type: Apartment
- Transaction Amount: $8,595,386
- Market: Washington Heights, Manhattan
- Zoning: R7-2, C2-4
The property measures 32,436 square feet and has a building square footage (BSF) of 27,348. The price per square foot (PPSF) is $265. The property has a floor area ratio (FAR) of 4.08 and falls under tax class 2.
The lot size is 7,950 square feet with dimensions of 78.08 ft x 100 ft. Permits for alterations were obtained on September 20, 2021.
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
1.85%
Cash-on-Cash
-0.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93