Updated May 12, 2025
718 Greene Avenue Multifamily Sold In New York City For $18M
718 Greene Avenue
$18
$0/SF
Building Size
3,452 SF
Asset Type
MultiFamily
Closing
Feb 27, 2023
About this deal
AI
The transaction involved a multi-family asset located at 718 Greene Avenue in the New York City market. The sale was finalized at a price of $18, with the property covering a total square footage of 3,452. This transaction represents a notable engagement in the multi-family sector.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $18
- Units: ~
- Price Per Unit: $∞
- Square Footage: 3,452
- Price Per Square Foot: $0
The details regarding the buyer and seller have not been disclosed. No broker representatives were noted in relation to this transaction.
Players
Market MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
881277.78%
Cash-on-Cash
-251871.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93