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210 E 95th St, New York, NY...

Icon Realty Management Sells Manhattan Apartment Building For $12.2M
SOLDOther

Icon Realty Management Sells Manhattan Apartment Building For $12.2M

210 E 95th St, New York, NY 10128, USA

Building Size

9,829 SF

Asset Type

Other

Closing

Nov 28, 2020

AI

The apartment building located at 210 East 95th Street in Manhattan has been sold in a closed transaction for $12,200,000. The property spans a total of 9,829 square feet, with a price per square foot of $1,241. It consists of 15 units, offering a spacious living space for residents.

Summary of transaction details

  • Property Type: Apartment Building
  • Transaction Amount: $12,200,000
  • Square Footage: 9,829
  • Price per Square Foot: $1,241
  • Number of Units: 15

The seller of the property was Icon Realty Management, represented by Todd Cohen and Terrence Lowenberg. The buyer's identity has not been disclosed at this time. The transaction was facilitated by brokers Hunter Moss, Hall Oster, Teddy Galligan, Tom Gammino, and Brett Weisblum, who ensured a smooth negotiation process for all parties involved.

Players

Brett Weisblum

Cushman & Wakefield

Broker

$142.5M

vol

16 deals

Broker
Terrence Lowenberg

Terrence Lowenberg

Icon Realty Management

Seller

$301.7M

vol

16 deals

Seller

New York Other Market Snapshot

Boundary boundary · Other · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93