Updated Dec 21, 2023
Andrea Riina Acquires Multi-Family Property On Charles Street In West Village For $10.1M
81 Charles Street, New York City, New York 10014, United States
$10,150,000
$2,512/SF
Building Size
4,040 SF
Asset Type
MultiFamily
Closing
Dec 15, 2021
About this deal
AI
An eight-unit multi-family property located at 81 Charles Street in the West Village neighborhood of Manhattan has been sold for a total price of $10,150,000. The property spans a total square footage of 4,040 and has a price per square foot of $2,512. The building has a buildable square footage of 6,553, with a price per buildable square foot of $1,549. The property sits on a lot measuring 1,905 square feet, with dimensions of 20 ft x 95.25 ft.
Summary of transaction details
- Property Type: Multi Family
- Transaction Amount: $10,150,000
- Market: West Village, Manhattan
- Zoning: C1-6, R6
- Tax Class: 2B
- Last Sale Price: $6,019,300 (12/14/2021)
- FAR: 2.12
The buyer in this transaction is Andrea Riina, while Samantha Sheeber is the seller. The previous sale of the property occurred on 12/14/2021 for a price of $6,019,300.
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
1.56%
Cash-on-Cash
-0.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93