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248 Central Park West, New ...

Updated Dec 21, 2023

Compass Facilitates $26M Sale Of SFR On Central Park West
SOLD

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

About this deal

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.

On the Map

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$26,000,000

$2,841/SF

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Players

Charlie Attias

Compass

Broker

$70.5M

vol

5 deals

Broker
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New York CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Deal FAQ

About $2.8K per square foot on a published $26M for 9,151 square feet (2022).

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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

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