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76 Washington Place, Manhat...

A Mighty Elk Arrives LLC Acquires SFR In West Village For $16.35M
SOLDSingle Family Residence

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

Jonathan Hettinger

Sotheby's International Realty

Broker

$35.4M

vol

2 deals

Broker

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