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475 West 186th Street, New ...

Avraham Dishi Acquires Apartment In Washington Heights For $20.5M
SOLDMultiFamily

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

Eli Schron

Cammeby’s International Group

Broker

$183.1M

vol

10 deals

Broker

Avraham Dishi

Buyer

$101.1M

vol

10 deals

Buyer

New York 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

0.87%

Cash-on-Cash

-0.25%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93