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311 West 4th Street, Manhat...

Updated Dec 21, 2023

Scott E Koop Acquires West Village SFR From Steven Matz For $11.9M
SOLDSingle Family Residence

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

Scott E. Koop

Buyer

$23.7M

vol

2 deals

Buyer

Steven Matz

Seller

$38.1M

vol

3 deals

Seller

New York Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Deal FAQ

About $3.5K per square foot on a published $11.9M for 3,372 square feet (2021).

Visit Scott E. Koop to view all their deals.

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

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