Mixed-Use Property In West Village Sold For $5.9M By Lev Mavashev & Shai Egison - Alpha Realty
SOLD
$5,900,000
New York
See Similar DealsMultiFamily3,350 SF
Sold 05/12/2022
SOLD
Mixed-Use Property In West Village Sold For $5.9M By Lev Mavashev & Shai Egison - Alpha Realty
64 Charles Street, New York City, New York 10014, United States
See Similar DealsMultiFamily3,350 SF
Sold 05/12/2022
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$1,761
Total Square Footage:3,350 SF
Transaction Type:Sale
Located in the vibrant neighborhood of West Village, this mixed-use property at 64 Charles St. has recently been sold in a closed transaction. The deal was closed on May 12, 2022, with Lev Mavashev and Shai Egison from Alpha Realty representing the parties involved.
Summary of transation details
- Property Type: Mixed-use
- Transaction Amount: $5,900,000
- Address: 64 Charles St.
- Market: West Village
- Square Footage: 3,350
- Price per Square Foot: $1,761
The successful sale of this property reflects the attractiveness and viability of the West Village market. Lev Mavashev and Shai Egison from Alpha Realty were instrumental in facilitating this transaction, leveraging their expertise and experience in the real estate industry to bring the deal to fruition.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$314,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$20,961.45
Cash-on-Cash Return-1.27%
Monthly Debt Service$27,969.01
Annual Debt Service$335,628.12
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