Updated Oct 25, 2024
Avraham Dishi Acquires Apartment In Washington Heights For $8.5M
501 West 184th Street, New York City, New York 10033, United States
$8,462,364
$234/SF
Building Size
36,092 SF
Asset Type
MultiFamily
Closing
Mar 3, 2022
About this deal
AI
The apartment building located at 501 West 184th Street in Washington Heights, Manhattan has been sold in a recent transaction. The property is zoned as R7-2 and has an apartment structure. The lot size is 7,411 square feet with dimensions of 74.92 ft x 100 ft. The building has a total square footage of 36,092, with a price per square foot of $234. The transaction took place on March 4, 2022, and the property was sold for $8,462,364. The buyer of the property is Avraham Dishi, while the seller is Eli Schron.
Summary of transaction details
- Property Type: Apartment
- Transaction Amount: $8,462,364
- Market: Washington Heights, Manhattan
- Zoning: R7-2
The deal was completed with a price per square foot of $234, and the building has a total square footage of 36,092. The buyer of the property, Avraham Dishi, was represented by their broker, while the seller, Eli Schron, was not mentioned to have a representative in the deal. The property has a floor area ratio (FAR) of 4.87, and it falls under tax class 2. The lot size is 7,411 square feet, with dimensions of 74.92 ft x 100 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
1.87%
Cash-on-Cash
-0.54%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93