Scott Clam Acquires SFR In Greenwich Village, Manhattan For $8.91M
176 Waverly Place, Manhattan, New York, NY, USA
$8,910,000
$1,380/SF
Building Size
6,453 SF
Asset Type
Single Family Residence
Closing
Aug 1, 2021
AI
A single-family residential (SFR) property located at 176 Waverly Place & 178 Waverly Place in Greenwich Village, Manhattan has been sold for a total price of $8,910,000. The property has a zoning classification of R6 and sits on a lot size of 1,453 square feet. The total square footage of the property is 6,453, with a price per square foot of $1,380. The buyer, Scott Clam, acquired the property from the seller, Ruth Larsen. The transaction was facilitated by brokers Chris Halliburton and Orren Azani from Compass.
Summary of transaction details:
- Property Type: Single-Family Residential (SFR)
- Transaction Amount: $8,910,000
- Market: Greenwich Village, Manhattan
- Zoning: R6
- Buyer: Scott Clam
- Seller: Ruth Larsen
- Brokers: Chris Halliburton & Orren Azani - Compass
- Price per Square Foot: $1,380
The property has a building square footage (BSF) of 7,064, with a price per BSF of $1,261. The floor area ratio (FAR) for the property is 2.12. The tax classification for the property is 2B. The property has previously undergone an alteration type 1 permit on March 17, 2015. The lot dimensions are 17 feet by 85.5 feet.
Players
New York Single Family Residence Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.78%
Cash-on-Cash
-0.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93