Updated Dec 19, 2023
Corrie Mark Acquires SFR In West Village For $7.85M From Seller Steven Matz
250 West 10th Street, Manhattan, New York, NY, USA
$7,850,000
$2,612/SF
Building Size
3,005 SF
Asset Type
Single Family Residence
Closing
Nov 17, 2020
About this deal
AI
The property transaction in the West Village of New York City involved the sale of a single-family residence located at 250 West 10 Street. The property is zoned as C1-6 and has a floor area ratio (FAR) of 2.99. It falls under tax class 1, indicating its use as a residential property.
Summary of transaction details:
- Property Type: Single-Family Residence
- Transaction Amount: $7,850,000
- Address: 250 West 10 Street
- Market: West Village
- Zoning: C1-6
- Floor Area Ratio (FAR): 2.99
- Tax Class: 1
- Buyer: Corrie Mark
- Seller: Steven Matz
The buyer in this transaction was Corrie Mark. On the other hand, Steven Matz acted as the seller. The property was sold for a total price of $7,850,000. The building's square footage is 3,005, resulting in a price per square foot (PPSF) of $2,612. With a building square footage (BSF) of 3,457, the price per buildable square foot (PPBSF) is $2,270.
It is worth noting that the property had previously been sold on October 6, 2010, for a price of $7,640,000.
Players
New York Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $2.6K per square foot on a published $7.9M for 3,005 square feet (2020).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.02%
Cash-on-Cash
-0.58%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93