Jose Manuel Calderon Borrallo Acquires SFR In Upper West Side, Manhattan From Karl Brumback For $6.9M
244 West 75th Street, New York City, New York 10023, United States
$6,900,000
$1,481/SF
Building Size
4,658 SF
Asset Type
—
Closing
Dec 19, 2021
About this deal
AI
The property located at 244 West 75th Street in the Upper West Side of Manhattan has been sold. The single-family residential (SFR) property is zoned as R8B and was closed on December 20, 2021. The transaction involved a sale between the buyer, Jose Manuel Calderon Borrallo, and the seller, Karl Brumback. The property was sold for a total price of $6,900,000.
Summary of transaction details:
- Property Type: Single-Family Residential (SFR)
- Transaction Amount: $6,900,000
- Market: Upper West Side, Manhattan
- Zoning: R8B
- Buyer: Jose Manuel Calderon Borrallo
- Seller: Karl Brumback
The property has a building square footage (BSF) of 8,172, with a price per BSF (PPBSF) of $844. The total area of the property is 4,658 square feet, with a price per square foot (PPSF) of $1,481. The floor area ratio (FAR) of the property is 2.28, and it falls under tax class 1. The lot size is 2,043, and the lot dimensions are 20 ft x 102.17 ft. An alteration permit was issued for the property on March 19, 2021.
On the Map
$6,900,000
$1,481/SF
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New York CRE Market Snapshot
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Deal FAQ
About $1.5K per square foot on a published $6.9M for 4,658 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.30%
Cash-on-Cash
-0.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93