facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Single Family Residence

/

Sale

/

10 Bank Street, New York Ci...

Sandor Krauss Acquires West Village SFR For $11.35M
SOLDSingle Family Residence

Sandor Krauss Acquires West Village SFR For $11.35M

10 Bank Street, New York City, New York 10014, United States

$11,350,000

$3,436/SF

Building Size

3,303 SF

Asset Type

Single Family Residence

Closing

Jan 25, 2022

AI

A single-family residential property located at 10 Bank Street in the West Village neighborhood of Manhattan has been sold. The transaction took place on January 26, 2022. The property is zoned as R6, C1-6, indicating its usage for both residential and commercial purposes. It consists of a total of 3,303 square feet and has a buildable square footage (BSF) of 2,187. The sale price for this property was $11,350,000, resulting in a price per square foot (PPSF) of $3,436.

Summary of transaction details

  • Property Type: Single-family residential (SFR)
  • Transaction Amount: $11,350,000
  • Address: 10 Bank Street, West Village, Manhattan
  • Market: West Village, Manhattan
  • Zoning: R6, C1-6
  • Buyer: Sandor Krauss
  • Seller: Kamran Hakim
  • BSF: 2,187
  • PPSF: $3,436

Sandor Krauss served as the buyer in this transaction, while Kamran Hakim was the seller. The property has a floor area ratio (FAR) of 3.67 and is classified under tax class 1. The lot size is 900 square feet, with dimensions of 15 feet by 60 feet. The property had previously undergone alterations, as evidenced by the Alteration 3 permit obtained on September 28, 2017.

Players

Sandor Krauss

Buyer

$154.3M

vol

14 deals

Buyer

Kamran Hakim

Seller

$199M

vol

7 deals

Seller

New York Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.40%

Cash-on-Cash

-0.40%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93