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West 86th Street

Douglas Elliman Represents Seller In $13.62M Multifamily Sale At 43-45 West 86th Street
SOLDMultiFamily

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

Viktar Kolatau

Douglas Elliman

Broker

$42.9M

vol

3 deals

Broker
Douglas Elliman
Douglas EllimanBrokerage

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