facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Single Family Residence

/

Sale

/

78 Morton St, New York, NY ...

West Village SFR Sold For $19.9M With Christopher Riccio From TownhousesOfNYC And Leslie J. Garfield
SOLDSingle Family Residence

West Village SFR Sold For $19.9M With Christopher Riccio From TownhousesOfNYC And Leslie J. Garfield

78 Morton St, New York, NY 10014, USA

$19,920,000

$362/SF

Building Size

55,000 SF

Asset Type

Single Family Residence

Closing

Sep 9, 2020

AI

A single-family residential property located at 78 Morton Street in the West Village neighborhood has been sold. The property was listed with an asking price of $21,900,000 and ultimately sold for $19,920,000. The building has a total of 5,500 square feet and a price per square foot of $3,621. The sale also included a buildable square footage of 12,500 and a price per buildable square foot of $1,593. The property sits on a lot measuring 25 feet by 100 feet and is zoned as M1-5/R7X, MX-6.

Summary of transaction details:

  • Property Type: Single-Family Residential (SFR)
  • Address: 78 Morton Street
  • Market: West Village
  • Asking Price: $21,900,000
  • Sale Price: $19,920,000
  • Building Square Footage: 5,500
  • Price Per Square Foot: $3,621
  • Buildable Square Footage: 12,500
  • Price Per Buildable Square Foot: $1,593
  • Zoning: M1-5/R7X, MX-6
  • Lot Size: 25 ft x 100 ft

The broker for this transaction was Christopher Riccio, representing TownhousesOfNYC and LeslieJGarfield.

Players

Christopher Riccio

Douglas Elliman

Broker

$52.8M

vol

4 deals

Broker

New York Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.80%

Cash-on-Cash

-0.23%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93