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48 West 10th Street, Manhat...

Kate Greer & Peter Fenton Acquire SFR In Greenwich Village For $11.5M
SOLDSingle Family Residence

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

Meris Blumstein

The Corcoran Group

Broker

$23.5M

vol

2 deals

Broker

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