J.C. Flowers & Co. Acquires $50M Upper East Side Apt Condo
4 E 66th St, New York, NY 10065, USA
$50,000,000
$666/SF
Building Size
75,000 SF
Asset Type
—
Closing
Feb 2, 2020
About this deal
AI
Apt Condo at 4 East 66th Street in the Upper East Side has been sold for $50,000,000. This property spans 7,500 square feet and is priced at approximately $6,667 per square foot.
Summary of transation details
- Property Type: Apt Condo
- Transaction Amount: $50,000,000
- Address: 4 East 66th Street
- Market: Upper East Side
The buyer of this property is J. Christopher Flowers, who represents J.C. Flowers & Co.
The commercial sale at 4 E 66th St, New York, NY 10065, USA in New York, New York sold for $50M in 2020. The building is 75,000 square feet, implying about 666 per square foot on the published price. This page is the New York, New York file for the 4 E 66th St, New York, NY 10065, USA commercial sold: pricing, party profiles, and other closed commercial comps from the same New York sit in the Market section below. Filter that New York commercial set by closing date to see what else sold near 4 E 66th St, New York, NY 10065, USA around 2020. Published consideration for 4 E 66th St, New York, NY 10065, USA is $50M, dated 2020. Cite this J.C. Flowers & Co. Acquires $50M Upper East Side Apt Condo sale when underwriting similar commercial product around New York, New York.
Players
New York CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
Loading comparables…
Deal FAQ
Browse New York sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.32%
Cash-on-Cash
-0.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93