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94 Greenwich St, New York, ...

Updated Sep 5, 2024

Danny Hakakian Acquires Multifamily Property At 94 Greenwich St, FiDi
SOLDMultiFamily

Danny Hakakian Acquires Multifamily Property At 94 Greenwich St, FiDi

94 Greenwich St, New York, NY 10013, USA

$4,950,000

$919/SF

Building Size

5,382 SF

Asset Type

MultiFamily

Closing

Aug 7, 2019

About this deal

AI

A multifamily property located at 94 Greenwich St in the Financial District (FiDi) has been sold in a closed transaction. The property spans a total of 5,382 square feet and was sold for a sale price of $4,950,000. The asking price for the property was $5,995,000, resulting in a price per square foot of $919.

Summary of transaction details

  • Property Type: Multifamily
  • Seller: Adam Behrens
  • Buyer: Danny Hakakian
  • Brokers: Peter Von Der Ahe, Joe Koicim, Noah Kossoff from newyorkmultifamily
  • Market: FiDi

The deal was facilitated by the brokers Peter Von Der Ahe, Joe Koicim, and Noah Kossoff from newyorkmultifamily. They represented the buyer and seller throughout the transaction.

On the Map

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$4,950,000

$919/SF

MultiFamily

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Players

Noah Kossoff

Avison Young

Broker

$394.2M

vol

36 deals

Broker
CBRE
CBREBrokerage
Allied Realty
Allied RealtyBuyer
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Belmont MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $919 per square foot on a published $5M for 5,382 square feet (2019).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.20%

Cash-on-Cash

-0.92%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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