Updated Oct 29, 2024
Ben Here LP Acquires West Village SFR For $28M
14 East 11th Street, Manhattan, New York, NY, USA
$28,000,000
$4,512/SF
Building Size
6,205 SF
Asset Type
Single Family Residence
Closing
Dec 2, 2020
About this deal
AI
A single family home located at 14 East 11th Street in the West Village neighborhood was recently sold on December 3, 2020. The property, with a total square footage of 6,205, was zoned as R7-2. The sale price for this transaction was $28,000,000, resulting in a price per square foot of $4,512. It is worth noting that the property was previously sold for $21,000,000 in June 2017.
Summary of transation details
- Property Type: Single Family Residential
- Transaction Amount: $28,000,000
- Address: 14 East 11th Street
- Market: West Village
- Total Square Footage: 6,205
- Zoning: R7-2
The buyer in this transaction was Ben Here LP, while the seller was Village Townhouse LLC. The deal was facilitated by brokers Jeremy & Robin Stein, representing Sotheby's Realty and the Stein Team NY, respectively.
Players
New York Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.57%
Cash-on-Cash
-0.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93