ARod Acquires $9.9M Upper West Side Residential Co-op
Upper West Side, New York City, New York, United States
$9,900,000
Building Size
—
Asset Type
MultiFamily
Closing
Jan 19, 2022
AI
Located in the Upper West Side market, this residential co-op was recently sold for a price of $9,900,000. The property spans approximately 3,600 square feet, resulting in a price per square foot of $2,750. The transaction took place in January 2022, with the buyer identified as Alex Rodriguez.
Summary of transaction details
- Property Type: Residential Co-op
- Transaction Amount: $9,900,000
- Square Footage: 3,600
- Price per Square Foot: $2,750
- Market: Upper West Side
Alex Rodriguez, known under the Instagram handle @ARod, acquired this residential co-op unit. The deal represents an important acquisition for Mr. Rodriguez, who was assisted by his broker representative in the transaction.
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
1.60%
Cash-on-Cash
-0.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93