facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Single Family Residence

/

Sale

/

27 East 11th Street, New Yo...

Charles Stark Acquires 27 East 11th Street In Greenwich Village, Manhattan For $35M
SOLDSingle Family Residence

Charles Stark Acquires 27 East 11th Street In Greenwich Village, Manhattan For $35M

27 East 11th Street, New York City, New York 10003, United States

$35,000,000

$4,093/SF

Building Size

8,550 SF

Asset Type

Single Family Residence

Closing

May 31, 2022

AI

A single-family property located at 27 East 11th Street in Greenwich Village, Manhattan has been sold in a recent transaction. The property falls under the R7-2 zoning category and has a lot size of 2,583 square feet. The building has a total square footage of 8,886, resulting in a price per square foot of $3,938. The sale price for the property was $35,000,000, making it a significant transaction in the market. The buyer of the property is Charles Stark, while the seller is Brad Jacobs. The last recorded sale price for the property was $26,000,000 on July 15, 2016.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $35,000,000
  • Market: Greenwich Village, Manhattan
  • Buyer: Charles Stark
  • Seller: Brad Jacobs
  • Lot Size: 2,583 square feet
  • Last Sale Price: $26,000,000 (07/15/2016)

The property has a floor area ratio (FAR) of 3.31 and is classified under tax class 1. A permit for alterations was issued on June 25, 2014, indicating modifications made to the property. The lot dimensions are 25 feet by 103.25 feet, providing a considerable space for the single-family dwelling.

Players

Brad Jacobs

XPO Logistics

Seller

$97.8M

vol

4 deals

Seller

New York Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.45%

Cash-on-Cash

-0.13%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93