Compass Represents Buyer In $6.35M Condo Sale On East 80th Street, Yorkville
301 East 80th Street, Manhattan, New York, NY, USA
$6,350,000
$2,354/SF
Building Size
2,697 SF
Asset Type
—
Closing
Jul 19, 2021
AI
A condominium located at 301 East 80th Street in the Yorkville neighborhood has been sold for a total price of $6,350,000. This condo spans across 2,697 square feet, resulting in a price per square foot of $2,364. The property is situated on a lot with dimensions of 127.7 feet by 100 feet, amounting to a total lot size of 12,770 square feet.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $6,350,000
- Address: 301 East 80th Street, Yorkville
- Square Footage: 2,697
- Price Per Square Foot: $2,364
The buyer of this condo was represented by Pamela Marcus & Philip Wells from Compass, while the seller was represented by Barbara Russo from Douglas Elliman Development Marketing. The transaction involved a subdivision permit and a condo permit obtained on March 10, 2021. The property, classified under tax class 2, has a floor area ratio (FAR) of 19.68. These details highlight the key individuals and companies involved in the deal, shedding light on the real estate professionals who played a role in the 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
2.50%
Cash-on-Cash
-0.71%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93