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

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SOLD
$26,000,000

New York

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9,151 SF
Sold 03/11/2022
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Property Image
SOLD

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

248 Central Park West, New York City, New York 10024, United States

See Similar Deals
9,151 SF
Sold 03/11/2022
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Summary

NEW YORK
Price Per Square Foot:$2,841
Total Square Footage:9,151 SF
Transaction Type:Sale

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

Charlie Attias
4 deals$52M volume
BROKER

Ileana Lopez-Balboa
The Corcoran Group
1 deal$26M volume
BROKER

Details

SOLD
IMAGE: Charlie Attias & Ileana Lopez-Balboa DATE: 03/11/2022 ADDRESS: 248 Central Park West MARKET: Manhattan ASSET TYPE: SFR BUYER’S REP: Charlie Attias - Compass SELLER’S REP: Ileana Lopez-Balboa - Corcoran SALE PRICE: $26,000,000 SF: 9,151 ~ PPSF: $2,841

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$92,372.50
Cash-on-Cash Return-1.27%
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