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378 West End Avenue, New Yo...

Todd Zuckerman Acquires Upper West Side Condo For $25.5M From Kenneth S. Horn
SOLD

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.

Players

Kenneth Horn

Alchemy-ABR Investment Partners

Seller

$76.5M

vol

4 deals

Seller

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

0.62%

Cash-on-Cash

-0.18%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93