Updated Dec 21, 2023
SOLDMultiFamily
Matt Bennett Acquires Multi Family Property On West 113th Street In Manhattan For $5.8M
529 W 113th St, New York, NY 10025, USA
Building Size
68,100 SF
Asset Type
MultiFamily
Closing
Feb 12, 2018
About this deal
AI
The multi-family property located at 529 West 113th Street in Manhattan has been sold for $5,800,000. Spanning across 6,810 square feet, the property was purchased at a price per square foot of $851. The transaction took place on February 13, 2018.
Summary of transaction details
- Property Type: Multi Family
- Transaction Amount: $5,800,000
- Address: 529 West 113th Street, New York
- Market: Manhattan
- Square Footage: 6,810 sf
Emmanuel Houze was the seller in this transaction, while Matt Bennett represented the buyer, Christian Union.
Players
New York MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93