Todd Zuckerman Acquires Upper West Side Condo For $25.5M From Kenneth S. Horn
378 West End Avenue, New York City, New York 10024, United States
$25,500,000
$150/SF
Building Size
168,950 SF
Asset Type
—
Closing
Sep 11, 2022
AI
A condo located at 378 West End Avenue PHC in the Upper West Side of Manhattan has been sold in a recent transaction. The property, spanning an area of 168,950 square feet, was purchased by Todd Zuckerman for a price of $25,500,000. The sale price equates to a price per square foot of $150, indicating a favorable market value for the condominium.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $25,500,000
- Address: 378 West End Avenue PHC, Upper West Side, Manhattan
- Market: Upper West Side, Manhattan
Todd Zuckerman acted as the buyer in this transaction, while Kenneth S. Horn served as the seller. The property has a floor area ratio (FAR) of 10.79 and falls under tax class 2. The lot size measures 15,658 square feet, with dimensions of 153.25 ft x 102.17 ft.
New York CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.62%
Cash-on-Cash
-0.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93