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727 Washington NYC LLC Acquires 727 Washington Street In West Village For $27.27M

Property Image
SOLD
$27,270,000

New York

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Single Family Residence10,935 SF
Sold 08/12/2021
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Property Image
SOLD

727 Washington NYC LLC Acquires 727 Washington Street In West Village For $27.27M

727 Washington Street, Manhattan, New York, NY, USA

See Similar Deals
Single Family Residence10,935 SF
Sold 08/12/2021
Contact now

Summary

NEW YORK
Asset Type:Single Family Residence
Price Per Square Foot:$2,493
Total Square Footage:10,935 SF
Transaction Type:Sale

An SFR property located at 727 Washington Street in West Village has been sold. The transaction took place on 08/12/2021, with the buyer being 727 Washington NYC LLC and the seller being Anthony Davis. The sale price for the property was $27,270,000.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $27,270,000
  • Market: West Village
  • Address: 727 Washington Street
  • Buyer: 727 Washington NYC LLC
  • Seller: Anthony Davis

The SFR property has a total building square footage of 15,212, resulting in a price per building square foot of $1,792. The total lot size is 3,803 square feet. Additionally, the property square footage is 10,935, with a price per square foot of $2,493. The last sale of this property occurred on 04/09/2008, with a price of $14,400,000.

The property has a FAR (Floor Area Ratio) of 2.88 and falls under tax class 1. A permit for alteration type 2 was issued on 12/20/2010. The lot dimensions are 36.5 feet by 91.58 feet.

Players

3 deals$73.9M volume
SELLER

Details

SOLD
IMAGE: 08/12/2021 ADDRESS: 727 Washington Street MARKET: West Village ASSET TYPE: SFR ~ ZONING: C1-6A BUYER: 727 Washington NYC LLC SELLER: Anthony Davis SALE PRICE: $27,270,000 BSF: 15,212 ~ PPBSF: $1,792 SF: 10,935 ~ PPSF: $2,493 FAR: 2.88 TAX CLASS: 1 LOT SIZE: 3,803 LAST SALE PRICE: $14,400,000 (04/09/2008) PERMITS: Alteration type 2 (12/20/2010) LOT DIMENSIONS: 36.5 ft x 91.58 ft

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$1,454,400.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$96,884.55
Cash-on-Cash Return-1.27%
Monthly Debt Service$129,273.71
Annual Debt Service$1,551,284.55