facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Other

/

Sale

/

120 West 105th Street, Manh...

Esther Toporovsky Acquires Apartment In Manhattan Valley For $21.4M
SOLDOther

Esther Toporovsky Acquires Apartment In Manhattan Valley For $21.4M

120 West 105th Street, Manhattan, New York, NY, USA

$21,398,317

$384/SF

Building Size

55,665 SF

Asset Type

Other

Closing

Oct 12, 2021

AI

The property involved in this transaction is located at 120 West 105 Street in Manhattan Valley. It is an apartment building with a total square footage of 55,665. The property is zoned as R8B and has a lot size of 17,341. The last recorded sale price of the property was $15,950,000 on September 11, 2013. It underwent an alteration permit on April 2, 2019. The lot dimensions are 171.83 ft x 100.92 ft.

Summary of transaction details

  • Property Type: Apartment
  • Transaction Amount: $21,398,317
  • Buyer: Esther Toporovsky
  • Seller: Meyer Orbach
  • BSF: 69,364
  • PPBSF: $308
  • SF: 55,665
  • PPSF: $384
  • FAR: 3.21
  • Tax Class: 2

Esther Toporovsky represented the buyer in this transaction. Meyer Orbach, on the other hand, represented the seller. It should be noted that these individuals served as the respective agents for their clients.

Players

Meyer Orbach

Orbach Group

Broker

$3.3B

vol

31 deals

Broker
Esther Toporovsky

Esther Toporovsky

NYC Housing Partnership

Buyer

$47.7M

vol

5 deals

Buyer

New York Other Market Snapshot

Boundary boundary · Other · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.74%

Cash-on-Cash

-0.21%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93