233 West 111th Street|Sales|12/23/2007 | TRD Research
Deal sheet    Single Deal
233 West 111th Street|Sales|12/23/2007
  • Event Sales
  • Address 233 West 111th Street
  • Square feet 78,331
  • Price $ 11,100,000
  • Price per foot $ 141.71
  • Borough Manhattan
  • Neighborhood Central Harlem
  • Publication Date 02/01/2008
notes
The portfolio sold for $11.1 million, or $142 per square foot. The price represents a capitalization rate of 4.9 percent and a gross rent multiple of 12.9. The properties are located at 201, 203-205, 217 and 233 West 111th Street. The buildings combine for 87 units, including eight studios, 29 one-bedrooms, 24 two-bedrooms and 26 three-bedrooms.