Michael Strauss Acquires Single Family Property In West Village For $18.8M From Seller Richard L Revesz
230 West 11th Street, New York City, New York 10014, United States
$18,800,000
$4,272/SF
Building Size
4,400 SF
Asset Type
Single Family Residence
Closing
Dec 19, 2021
AI
A single-family property located at 230 West 11 Street in the West Village neighborhood of Manhattan has been sold. The transaction took place on December 20, 2021, with a sale price of $18,800,000. The property has a total square footage of 4,400 and a price per square foot of $4,273. The lot size is 2,363 and the lot dimensions are 25 ft x 69.17 ft. The property falls under the R6 zoning category and has a floor area ratio (FAR) of 1.86. The last recorded sale of the property was on December 19, 2002, for $0.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $18,800,000
- Building Square Footage (BSF): 5,742
- Price per Buildable Square Foot (PPBSF): $3,274
- Square Footage (SF): 4,400
- Price per Square Foot (PPSF): $4,273
- Tax Class: 1
The buyer of the property is Michael Strauss and the seller is Richard L Revesz.
Unfortunately, no additional information is available regarding the representatives or companies involved in the transaction.
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
0.84%
Cash-on-Cash
-0.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93