Updated Dec 21, 2023
Tami J Smith Acquires Single Family Property In West Village, Manhattan For $6.3M
9 Commerce Street, New York City, New York 10014, United States
$6,300,000
$2,441/SF
Building Size
2,580 SF
Asset Type
Single Family Residence
Closing
May 24, 2022
About this deal
AI
A single-family property located at 9 Commerce Street in the West Village, Manhattan recently sold for $6,300,000. The property has a total square footage of 2,872 and a price per square foot of $2,193. The lot size is 835 square feet, with dimensions of 19.58 ft x 40 ft. The property is zoned as C2-6, with a floor area ratio (FAR) of 3.09. The previous sale of the property was recorded on March 27, 2015, with a price of $5,550,000. An alteration permit was issued on December 23, 2014.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $6,300,000
- Buyer: Tami J Smith
- Seller: Matthew G. Melnick
- Price per Square Foot: $2,441
- Market: West Village, Manhattan
- Floor Area Ratio (FAR): 3.09
- Tax Class: 1
- Last Sale Price: $5,550,000 (03/27/2015)
- Permits: Alteration 2 (12/23/2014)
- Lot Size: 835 sqft
- Lot Dimensions: 19.58 ft x 40 ft
The buyer in this transaction was Tami J Smith, while the seller was Matthew G. Melnick. The purchase price of $6,300,000 reflects the value of the property. The property is zoned as C2-6, allowing for various potential uses. The transaction was closed on 05/25/2022, making it a recent sale in the West Village market of Manhattan.
Players
New York Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Deal FAQ
Browse New York single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.52%
Cash-on-Cash
-0.72%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93