Norman Lear & Lyn Davis Sell Upper West Side Condo At 15 Central Park West For $17.5M
SOLD
$19,500,000
+ 2
New York
See Similar Deals695,946 SF
Sold 12/09/2021
SOLD
Norman Lear & Lyn Davis Sell Upper West Side Condo At 15 Central Park West For $17.5M
15 Central Park West, New York City, New York 10023, United States
See Similar Deals695,946 SF
Sold 12/09/2021
+ 2
Summary
NEW YORK
Price Per Square Foot:$28
Total Square Footage:695,946 SF
Transaction Type:Sale
Located at 15 Central Park West in the Upper West Side, this property is a condo with a total area of 5,902 square feet. The sale transaction took place on February 3, 2022. The property was sold by Norman Lear & Lyn Davis.
Summary of Transaction Details
- Property Type: Condo
- Transaction Amount: $17,500,000
- Address: 15 Central Park West
- Market: Upper West Side
- Square Footage: 5,902
- Price per Square Foot: $2,965
The sale was facilitated by Felise Gross from Brown Harris Stevens. Felise Gross represented the seller in this transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,039,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$69,279.39
Cash-on-Cash Return-1.27%
Monthly Debt Service$92,439.95
Annual Debt Service$1,109,279.38
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