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.
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
0.80%
Cash-on-Cash
-0.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93