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313 West 4th Street, Manhat...

Red Brick Properties Sells West Village SFR For $15.2M With Buyer's Rep Matthew Lesser, Ravi Kantha & Matthew Pravda
SOLDSingle Family Residence

Red Brick Properties Sells West Village SFR For $15.2M With Buyer's Rep Matthew Lesser, Ravi Kantha & Matthew Pravda

313 West 4th Street, Manhattan, New York, NY, USA

$15,225,000

$4,603/SF

Building Size

3,307 SF

Asset Type

Single Family Residence

Closing

Apr 29, 2021

AI

A single-family residential property located at 313 West 4th Street in the West Village was recently sold. The property has a total square footage of 3,307 and was sold for a price of $15,225,000. The price per square foot for the property is $4,603. The previous sale of the property took place on December 8, 2015, for a price of $7,650,000. The lot size is 1,525 and the lot dimensions are 20 ft x 75.17 ft. The property is zoned as R6 and falls under tax class 1. A permit for alteration type 2 was issued on June 10, 2016.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $15,225,000
  • Market: West Village
  • BSF: 3,652
  • PPBSF: $4,168
  • SF: 3,307
  • PPSF: $4,603
  • FAR: 2.20
  • LOT SIZE: 1,525
  • LAST SALE PRICE: $7,650,000 (12/8/2015)
  • PERMITS: Alteration type 2 (06/10/2016)
  • LOT DIMENSIONS: 20 ft x 75.17 ft

The seller of the property was David Slaven, representing Red Brick Properties. The brokers involved in the deal were Matthew Lesser, Ravi Kantha, and Matthew Pravda.

Players

Matthew Lesser

Leslie Garfield

Broker

$579.5M

vol

40 deals

Broker

David Slaven

Red Brick Properties

Seller

$70.5M

vol

6 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

1.04%

Cash-on-Cash

-0.30%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93