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
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.
Players
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
4.99%
Cash-on-Cash
-1.43%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93