Updated Dec 20, 2023
Paul Marino Acquires 60 Jane Street Single Family Property In West Village, Manhattan For $7.92M
60 Jane Street, New York City, New York 10014, United States
$7,920,000
$2,372/SF
Building Size
3,338 SF
Asset Type
Single Family Residence
Closing
Nov 29, 2021
About this deal
AI
The single-family property located at 60 Jane Street in the West Village area of Manhattan has been sold. The transaction took place on November 30, 2021. The property is zoned as C1-6 and has a lot size of 1,040 square feet. Its lot dimensions are approximately 21.58 feet by 47.17 feet. The previous sale of the property occurred on October 26, 2010, for a price of $9,400,000. The new sale price is $7,920,000.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $7,920,000
- Market: West Village, Manhattan
- Zoning: C1-6
- Lot Size: 1,040 SF
- Last Sale Price (10/26/2010): $9,400,000
- Lot Dimensions: 21.58 ft x 47.17 ft
The buyer of the property is Paul Marino, while the seller is Euan C Menzies. The property has a building square footage (BSF) of 3,578 and a price per BSF of $2,214. The building itself has a total area of 3,338 square feet, with a price per square foot (PPSF) of $2,373. The property has a floor area ratio (FAR) of 3.21 and belongs to 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 $2.4K per square foot on a published $7.9M for 3,338 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.00%
Cash-on-Cash
-0.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93