facebook
Traded Co logo
Submit

Ben Here LP Acquires West Village SFR For $28M

Property Image
SOLD
$28,000,000
Robin Stein
Jeremy Stein

New York

See Similar Deals
Single Family Residence6,205 SF
Sold 12/03/2020
the dealplayerscompscontact
Property Image
SOLD

Ben Here LP Acquires West Village SFR For $28M

14 East 11th Street, Manhattan, New York, NY, USA

See Similar Deals
Single Family Residence6,205 SF
Sold 12/03/2020
Robin Stein
Jeremy Stein
the dealplayerscompscontact
Contact now

Summary

NEW YORK
Asset Type:Single Family Residence
Price Per Square Foot:$4,512
Total Square Footage:6,205 SF
Transaction Type:Sale

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

Jeremy Stein
Sotheby's International Realty
Jeremy Stein
5 deals$77.6M volume
BROKER
Robin Stein
Sotheby's International Realty
Robin Stein
1 deal$28M volume
BROKER
L
LP
BUYER

Details

SOLD
IMAGE: 12/03/2020 ADDRESS: 14 East 11th Street MARKET: West Village ASSET TYPE: SFR ~ ZONING: R7-2 BUYER: Ben Here LP SELLER: Village Townhouse LLC BROKERS: Jeremy & Robin Stein @SothebysRealty @SteinTeamNY PRICE: $28,000,000 SF: 6,205 ~ PPSF: $4,512 👀 LAST SALE PRICE: $21,000,000 (6/2017)

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$1,493,333.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$99,478.09
Cash-on-Cash Return-1.27%
Monthly Debt Service$132,734.28
Annual Debt Service$1,592,811.42