Ondrej Krehel Acquires Single Family Property On 137 Manhattan Avenue, Manhattan Valley For $3,725,000
SOLD
$3,725,000
New York
See Similar DealsSingle Family Residence2,562 SF
Sold 10/07/2022
SOLD
Ondrej Krehel Acquires Single Family Property On 137 Manhattan Avenue, Manhattan Valley For $3,725,000
137 Manhattan Avenue, New York City, New York 10025, United States
See Similar DealsSingle Family Residence2,562 SF
Sold 10/07/2022
Summary
NEW YORK
Asset Type:Single Family Residence
Price Per Square Foot:$1,453
Total Square Footage:2,562 SF
Transaction Type:Sale
A single-family property located at 137 Manhattan Avenue in Manhattan Valley, Manhattan has been sold in a recent transaction. The property is zoned as R7-2 and is classified as a Tax Class 1 asset. The lot size is 1,250 with dimensions of 16.67 ft x 75 ft.
Summary of Transaction Details:
- Property Type: Single Family
- Transaction Amount: $3,725,000
- Market: Manhattan Valley, Manhattan
- Buyer: Ondrej Krehel
- Seller: Theodore P Merz
- Building Square Feet: 2,562
- Price per Square Foot: $1,453
- Total Building Square Feet: 4,300
- Price per Buildable Square Foot: $866
- FAR: 2.05
Ondrej Krehel was represented by his broker, while Theodore P Merz represented himself in the transaction.
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$198,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$13,234.13
Cash-on-Cash Return-1.27%
Monthly Debt Service$17,658.40
Annual Debt Service$211,900.80
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