A Mighty Elk Arrives LLC Acquires SFR In West Village For $16.35M
76 Washington Place, Manhattan, New York, NY, USA
$16,350,000
$3,520/SF
Building Size
4,644 SF
Asset Type
Single Family Residence
Closing
Aug 12, 2021
AI
Located in the West Village, this single-family residence at 76 Washington Place was recently sold for a staggering price of $16,350,000. Spanning across 4,644 square feet, the property offers a spacious living space for its new owner. The sale price amounts to an impressive $3,520 per square foot, reflecting the premium value of this exclusive property.
Summary of Transaction Details
- Property Type: SFR
- Transaction Amount: $16,350,000
- Address: 76 Washington Place, West Village
- Market: West Village
The buyer of this remarkable property is A Mighty Elk Arrives LLC, while the sellers are Bradley and Elizabeth Whitman. The transaction was facilitated by the renowned brokers Mark Amadei and Jonathan Hettinger from Sotheby's International Realty. The property's last sale, recorded in April 2006, was at a considerably lower price of $5,500,000, highlighting the significant appreciation in value over the years.
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
0.97%
Cash-on-Cash
-0.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93