Updated Dec 21, 2023
Ian Axelrod Acquires SFR In Gramercy From Stephanie Andrews For $3.18M
325 East 18th Street, Manhattan, New York, NY, USA
$3,180,000
$872/SF
Building Size
3,645 SF
Asset Type
Single Family Residence
Closing
Nov 15, 2020
About this deal
AI
Located in the Gramercy market, the property at 325 East 18th Street was recently sold in a single-family home (SFR) transaction. The zoning for this property is R7B, adding to its appeal for potential buyers. The sale took place on November 16, 2020.
Summary of transaction details
- Property Type: Single-Family Home (SFR)
- Transaction Amount: $3,180,000
- Address: 325 East 18th Street
- Market: Gramercy
- Zoning: R7B
Ian Axelrod acted as the buyer in this transaction, while Stephanie Andrews served as the seller. The property spans 3,645 square feet, with a price per square foot (PPSF) of $872.
On the Map
$3,180,000
$872/SF
Single Family Residence
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Players
New York Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $872 per square foot on a published $3.2M for 3,645 square feet (2020).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.99%
Cash-on-Cash
-1.43%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93