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
$19,500,000
$28/SF
Building Size
695,946 SF
Asset Type
—
Closing
Dec 8, 2021
AI
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.
Players
New York CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.81%
Cash-on-Cash
-0.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93