Updated Mar 18, 2025
James W. MacIntyre IV Acquires Multifamily Building On Upper West Side For $5.45M
18 West 95th Street
$5,500,000
$1,304/SF
Building Size
4,216 SF
Asset Type
MultiFamily
Closing
Jun 13, 2023
About this deal
AI
James W. MacIntyre IV, represented by 18 West 95th Street LLC, acquired a six-unit residential walkup building located at 18 West 95th Street in Manhattan's Upper West Side. The property was sold for $5.5 million on June 13, 2023. The building consists of 4,216 square feet of built space and has an additional 2,011 square feet of air rights, making a total buildable area of 6,233 square feet. The asset is a multifamily property with six units, resulting in an average price per unit of $908,333. Each unit has a price per square foot of $1,293.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $5,450,000
- Units: 6
- Price Per Unit (PPU): $908,333
- Building Square Footage (BSF): 6,233
- Price Per BSF (PPBSF): $874
- Lot Square Footage (SF): 4,216
- Price Per SF (PPSF): $1,293
18 West 95th Street LLC acted as James W. MacIntyre IV's representative in the transaction. The seller of the property was Catherine Golding-Cremoux and Gerard Cremoux.
Players
New York MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Browse New York multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.88%
Cash-on-Cash
-0.82%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93