Updated Dec 20, 2023
Jacob Frumkin Acquires Single Family Property On Charles Street In West Village For $9.25M
52 Charles Street, New York City, New York 10014, United States
$9,250,000
$2,541/SF
Building Size
3,640 SF
Asset Type
Single Family Residence
Closing
Dec 1, 2021
About this deal
AI
Located at 52 Charles Street in the West Village of Manhattan, this single-family property was recently sold in a closed transaction. The property is zoned as C2-6 and has an impressive lot size of 1,900 square feet, with lot dimensions of 20 ft x 95 ft. Its last sale took place on April 27, 1994, with a price of $0. This transaction, however, involved a significant sale with a purchase price of $9,250,000.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $9,250,000
- Market: West Village, Manhattan
- ASSET TYPE: Single Family
- Zoning: C2-6
- LOT SIZE: 1,900
- LAST SALE PRICE: $0 (4/27/1994)
- LOT DIMENSION: 20 ft x 95 ft
The buyer of 52 Charles Street is Jacob Frumkin, while the seller is Frank K Upham. The property offers a building square footage (BSF) of 6,536, with a price per BSF of $1,415. Additionally, it has a total square footage (SF) of 3,640, with a price per square foot (PPSF) of $2,541. The property has a floor area ratio (FAR) of 1.92 and falls under tax class 1.
Players
New York Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $2.5K per square foot on a published $9.3M for 3,640 square feet (2021).
Browse New York single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.71%
Cash-on-Cash
-0.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93