Updated Sep 5, 2024
Leon Stamps Sells Edgewater SFR With Rep Alena Ciccarelli For $2.11M
168 Undercliff Avenue
$2,110,000
$413/SF
Building Size
5,100 SF
Asset Type
Single Family Residence
Closing
Oct 20, 2022
About this deal
AI
A single-family home located at 168 Undercliff Avenue in Edgewater has been sold for a record-breaking price of $2,110,000. This stunning residence spans approximately 5,100 square feet, resulting in a price per square foot of $414. Situated in a private location, the property offers breathtaking views of the iconic New York City skyline.
Summary of Transaction Details
- Property Type: Single-Family Home
- Transaction Amount: $2,110,000
- Square Footage: 5,100
- Price per Square Foot: $414
- Address: 168 Undercliff Avenue, Edgewater
- Market: Edgewater
Representing the seller in this remarkable deal was Leon Stamps. Leading the transaction on behalf of the seller was Alena Ciccarelli from Christie's International Real Estate. Their expertise and negotiation skills ensured the successful sale of this prestigious property at an exceptional price.
This transaction marks the highest single-family home sale in Edgewater this year. With its luxurious features, private setting, and magnificent views of New York City, this residence stands as a testament to the thriving real estate market in the area.
Edgewater Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $413 per square foot on a published $2.1M for 5,100 square feet (2022).
Visit Alena Ciccarelli to view all their deals.
Browse Edgewater single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.52%
Cash-on-Cash
-2.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93