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83 Horatio Street

Updated Dec 4, 2024

William Helm Purchases Multifamily Property At 83 Horatio Street From William Edelstein For $20.51M
SOLDMultiFamily

William Helm Purchases Multifamily Property At 83 Horatio Street From William Edelstein For $20.51M

83 Horatio Street

$20,512,000

$6,193/SF

Building Size

3,312 SF

Asset Type

MultiFamily

Closing

Nov 22, 2024

About this deal

AI

William Helm purchased a multifamily property located at 83 Horatio Street in the West Village for $20,512,000. The property spans 3,312 sq. ft., resulting in a price per square foot of approximately $6,193.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $20,512,000
  • Address: 83 Horatio Street
  • Market: West Village
  • Square Footage: 3,312
  • Price per Square Foot: $6,193
  • Buyer: William Helm
  • Seller: William Edelstein

William Helm's acquisition reflects a significant transaction between the buyer and seller, with William Edelstein facilitating the sale of the property to Helm. The deal was executed on November 22, 2024, highlighting active involvement in the West Village multifamily market.

On the Map

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$20,512,000

$6,193/SF

MultiFamily

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New York MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $6.2K per square foot on a published $20.5M for 3,312 square feet (2024).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.77%

Cash-on-Cash

-0.22%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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