facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Multifamily

/

Sale

/

82 West Washington Place

Derby Copeland Capital Purchases Multifamily Portfolio In Greenwich Village For $60.25M
SOLDMultiFamily

Derby Copeland Capital Purchases Multifamily Portfolio In Greenwich Village For $60.25M

82 West Washington Place, 188 6th Avenue, 192 6th Avenue , 236 West 15th Street & 253-255 West 15th Street

$60,250,000

Building Size

Asset Type

MultiFamily

Closing

Apr 3, 2024

AI

The multifamily property located at 82 Washington Place, 188-192 6th Avenue, 236 West 15th Street & 253-255 West 15th Street in Greenwich Village, Manhattan was sold for a total of $60,250,000. The deal was facilitated by brokers David Shalom, James Nelson, Brandon Polakoff, Ryan McGuirl, and Alexandra Marolda from Avison Young.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $60,250,000
  • Address: 82 Washington Place, 188-192 6th Avenue, 236 West 15th Street & 253-255 West 15th Street
  • Market: Greenwich Village, Manhattan

Derby Copeland Capital successfully acquired the multifamily property with the expertise of the broker team consisting of David Shalom, James Nelson, Brandon Polakoff, Ryan McGuirl, and Alexandra Marolda from Avison Young. This transaction highlights the strategic collaboration between the buyer and the brokers, showcasing a significant investment in the Greenwich Village real estate market.

Players

David Shalom

Avison Young

Broker

$552.8M

vol

38 deals

Broker

Market MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.26%

Cash-on-Cash

-0.08%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93