Updated Dec 21, 2023
Scott E Koop Acquires West Village SFR From Steven Matz For $11.9M
311 West 4th Street, Manhattan, New York, NY, USA
$11,900,000
$3,529/SF
Building Size
3,372 SF
Asset Type
Single Family Residence
Closing
Jun 28, 2021
About this deal
AI
A single-family residential property located at 311 West 4th Street in the West Village neighborhood of Manhattan has been sold for a price of $11,900,000. The property, with a lot size of 1,500 square feet, is zoned as R6. The building has a total square footage of 3,372, resulting in a price per square foot of $3,529. The sale took place on June 29, 2021.
Summary of transaction details
- Property Type: Single-Family Residential
- Sale Price: $11,900,000
- Lot Size: 1,500 square feet
- Total Square Footage: 3,372
- Price per Square Foot: $3,529
- Address: 311 West 4th Street, West Village, Manhattan
- Market: West Village, Manhattan
The buyer in this transaction is Scott E Koop, while the seller is Steven Matz. The last sale price of the property was $12,250,000 on January 3, 2020. The property has a building square footage (BSF) of 3,645, resulting in a price per BSF of $3,264. The floor area ratio (FAR) of the property is 2.25, and its tax class is 1. A permit for alteration type 2 was issued on August 3, 2016. The lot dimensions are 20 feet by 75.17 feet.
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
1.33%
Cash-on-Cash
-0.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93