Updated Oct 29, 2024
Blakewood LLC Sells West Village SFR For $17M
42 W 12th St, New York, NY 10011, USA
$17,000,000
$2,095/SF
Building Size
8,113 SF
Asset Type
Single Family Residence
Closing
Nov 12, 2020
About this deal
AI
The property at 42 West 12th Street in the West Village recently changed hands in a sale transaction. The single-family residential (SFR) property is zoned R6 and boasts a total square footage of 8,113. The sale price for this property was $17,000,000, resulting in a price per square foot (PPSF) of $2,095. The building has a buildable square footage (BSF) of 5,249, translating to a price per buildable square foot (PPBSF) of $3,238.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $17,000,000
- Zoning: R6
- Address: 42 West 12th Street
- Market: West Village
- BSF: 5,249
- PPBSF: $3,238
- SF: 8,113
- PPSF: $2,095
The seller of the property was Blakewood LLC, represented by Noel Blair. It's worth noting that the property had previously been sold for $28,000,000 in January 2014.
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
0.93%
Cash-on-Cash
-0.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93