Avraham Dishi Acquires Apartment In Washington Heights For $20.5M
475 West 186th Street, New York City, New York 10033, United States
$18,218,925
$297/SF
Building Size
61,328 SF
Asset Type
MultiFamily
Closing
Mar 3, 2022
AI
An apartment located at 90 Laurel Hill Terrace in Washington Heights, Manhattan has been sold in a closed transaction. The property is zoned as R7-2 and has a total building square footage (BSF) of 113,520. The price for this transaction was $20,540,248, with a price per building square foot (PPBSF) of $180. The total lot size of the property is 33,000, and it has dimensions of 179.5 ft x 191.17 ft. The property also had an alteration permit issued on 01/18/2017.
Summary of transation details
- Property Type: Apartment
- Transaction Amount: $20,540,248
- Market: Washington Heights, Manhattan
- Zoning: R7-2
- Buyer: Avraham Dishi
- Seller: Eli Schron
- BSF: 113,520
- PPBSF: $180
- SF: 94,380
- PPSF: $217
- Lot Size: 33,000
- Permits: Alteration 2 (01/18/2017)
- Lot Dimension: 179.5 ft x 191.17 ft
In this transaction, Avraham Dishi acted as the buyer, representing himself. The seller, Eli Schron, was represented by their agency.
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
0.87%
Cash-on-Cash
-0.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93