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
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