Kate Greer & Peter Fenton Acquire SFR In Greenwich Village For $11.5M
48 West 10th Street, Manhattan, New York, NY, USA
$11,500,000
$2,976/SF
Building Size
3,864 SF
Asset Type
Single Family Residence
Closing
Dec 13, 2020
AI
Located in Greenwich Village, the single-family home at 48 West 10 Street has been sold in a recent transaction. The property, measuring 3,864 square feet, was purchased by Kate Greer and Peter Fenton for a price of $11,500,000. This translates to a price per square foot of $2,976. The deal was facilitated by the listing brokers Meris G. Blumstein, Kenny Blumstein, and Sydney Blumstein of Corcoran. The previous sale of the property took place in August 2017, with a sale price of $10,500,000.
Summary of transaction details
- Property Type: Single-Family Home
- Transaction Amount: $11,500,000
- Square Footage: 3,864
- Last Sale: $10,500,000 (08/2017)
Kate Greer and Peter Fenton are the buyers of the property. They were represented by Meris G. Blumstein, Kenny Blumstein, and Sydney Blumstein from Corcoran. The acquisition of this property marks a significant investment in the Greenwich Village market.
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
1.38%
Cash-on-Cash
-0.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93