Updated Dec 21, 2023
Seok F. Hew Acquires Single Family Property In Financial District, Manhattan For $3.5M
136 Beekman Street, New York City, New York 10038, United States
$3,500,000
$1,844/SF
Building Size
1,898 SF
Asset Type
Single Family Residence
Closing
Feb 2, 2022
About this deal
AI
The property at 136 Beekman Street in the Financial District, Manhattan has been sold in a recent transaction. The single-family property is situated in an area zoned as C6-2A, LM. The sale took place on February 3, 2022.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $3,500,000
- Market: Financial District, Manhattan
- Buyer: Seok F. Hew
- Seller: James Nelson
- Building Square Footage: 1,898
- Price per Square Foot: $1,844
- Lot Size: 477
- Permits: Alteration (05/11/2020)
- Lot Dimension: 18.69 ft x 25.58 ft
The transaction involved Seok F. Hew as the buyer and James Nelson as the seller. The property spans 1,898 square feet, with a sale price of $3,500,000, resulting in a price per square foot of $1,844. The lot size is 477. The property had an alteration permit issued on May 11, 2020. The lot dimension measures 18.69 ft x 25.58 ft.
Players
New York Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1.8K per square foot on a published $3.5M for 1,898 square feet (2022).
Browse New York single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.53%
Cash-on-Cash
-1.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93