Glen Lerner Sells Pinecrest SFR For $10.5M With Broker Josie Wang
12900 Southwest 63rd Avenue
$10,500,000
$1,104/SF
Building Size
9,505 SF
Asset Type
Co-Op
Closing
Dec 29, 2022
About this deal
AI
Located in Pinecrest, this single-family home was recently sold in a closed transaction. The property, situated at 12900 Southwest 63rd Avenue, offers a total square footage of 9,505. The sale price for this SFR was recorded at $10,500,000, resulting in a price per square foot of $1,105.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $10,500,000
- Square Footage: 9,505
- Price per Square Foot: $1,105
- Market: Pinecrest
Glen Lerner served as the seller in this transaction. The deal was facilitated by Josie Wang from Brown Harris Stevens, acting as the broker representing the seller.
Players
Pinecrest Co-Op Market Snapshot
Boundary boundary · Co-Op · Sale transactions
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Deal FAQ
About $1.1K per square foot on a published $10.5M for 9,505 square feet (2022).
Browse Pinecrest co op sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.51%
Cash-on-Cash
-0.43%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93