Updated Oct 25, 2024
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
About this deal
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