Douglas Elliman Represents Seller In $13.62M Multifamily Sale At 43-45 West 86th Street
West 86th Street
$13,620,000
$807/SF
Building Size
16,873 SF
Asset Type
MultiFamily
Closing
Jun 11, 2025
AI
The property asset involved in the transaction is a multifamily building located at 43-45 West 86th Street in the Upper West Side market. The sale price of the property was $13,620,000, encompassing 20 units. The total square footage is 16,873, resulting in a price per unit of $681,000 and a price per square foot of $807.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $13,620,000
- Units: 20
- Square Footage: 16,873
- Price Per Unit: $681,000
- Price Per Square Foot: $807
- Address: 43-45 West 86th Street
- Market: Upper West Side
- Seller's Representatives: Ariel Tavivian, Viktar Kolatau & Yair Tavivian - Douglas Elliman
The deal involved the collaboration of Ariel Tavivian, Viktar Kolatau, and Yair Tavivian, who represented the seller through their agency, Douglas Elliman. Their role in facilitating the transaction was key to the successful sale of the property.
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
1.16%
Cash-on-Cash
-0.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93