Compass Acquires SFR In Hudson Square For $8.7M
512 Greenwich Street, New York, NY 10013
$8,700,000
$1,635/SF
Building Size
5,320 SF
Asset Type
Single Family Residence
Closing
Jun 4, 2020
AI
The asset involved in this transaction is a single-family residence located at 512 Greenwich Street in the Hudson Square market. The sale price of this property was $8,700,000, and it encompasses a total square footage of 5,320, resulting in a price per square foot of $1,635.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $8,700,000
- Address: 512 Greenwich Street
- Market: Hudson Square
- Square Footage: 5,320
- Price per Square Foot: $1,635
- Buyer’s Representative: Michelle Griffith - Compass
- Seller’s Representatives: George Vanderploeg & Kym Spiegel - Douglas Elliman
This transaction involved notable representatives in the real estate industry, with Michelle Griffith from Compass representing the buyer, and George Vanderploeg along with Kym Spiegel from Douglas Elliman representing the seller in this deal.
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
1.82%
Cash-on-Cash
-0.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93