Compass Facilitates $26M Sale Of SFR On Central Park West
248 Central Park West, New York City, New York 10024, United States
$26,000,000
$2,841/SF
Building Size
9,151 SF
Asset Type
—
Closing
Mar 10, 2022
AI
The property involved in this closed transaction is a Single Family Residence (SFR) located at 248 Central Park West in Manhattan. The property spans a total of 9,151 square feet, with a price per square foot (PPSF) of $2,841. The sale price for this transaction was $26,000,000.
Summary of transaction details
- Property Type: Single Family Residence (SFR)
- Transaction Amount: $26,000,000
- Address: 248 Central Park West, Manhattan
- Market: Manhattan
- Buyer's Representative: Charlie Attias - Compass
- Seller's Representative: Ileana Lopez-Balboa - Corcoran
- Square Footage: 9,151
- Price per Square Foot (PPSF): $2,841
Charlie Attias from Compass represented the buyer in this transaction, while Ileana Lopez-Balboa from Corcoran acted as the seller's representative. These key individuals played crucial roles in facilitating the successful sale of the property at 248 Central Park West.
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
0.61%
Cash-on-Cash
-0.17%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93