David Amirian & Sonny Bazbaz Acquire Condo On East 62nd Street For $3.5M
4 East 62nd Street, Manhattan, New York, NY 10065, USA
$3,500,000
$1,296/SF
Building Size
2,700 SF
Asset Type
—
Closing
Oct 7, 2021
About this deal
AI
A condo situated at 1 East 62nd Street in the Upper East Side was recently sold in a transaction that took place on 10/07/2021. The property spans approximately 2,700 square feet and is characterized by its prime location.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $3,500,000
- Address: 1 East 62nd Street (Upper East Side)
The buyers, David Amirian and Sonny Bazbaz, acquired the condo from the seller, Tessa Kennedy. The deal was facilitated by the broker Whitney Didier from Douglas Elliman. The transaction was completed at a sale price of $3,500,000, reflecting a selling price per square foot of $1,296.
On the Map
$3,500,000
$1,296/SF
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.53%
Cash-on-Cash
-1.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93