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Manhattan Properties LLC Acquires Upper West Side Condo For $12.75M

Property Image
SOLD
$12,750,000

New York

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5,641 SF
Sold 08/27/2021
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Property Image
SOLD

Manhattan Properties LLC Acquires Upper West Side Condo For $12.75M

60 Riverside Boulevard, Manhattan, New York, NY, USA

See Similar Deals
5,641 SF
Sold 08/27/2021
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Summary

NEW YORK
Price Per Square Foot:$2,260
Total Square Footage:5,641 SF
Transaction Type:Sale

A condo located at 60 Riverside Boulevard in the Upper West Side of New York City has been sold for a total price of $12,750,000. The property, spanning 5,641 square feet, was purchased by Manhattan Properties LLC from the seller Elizabeth H. Van Merkensteijn. The sale was facilitated by brokers Deanna Kory and Lynn Nguyen from Corcoran.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $12,750,000
  • Address: 60 Riverside Boulevard, Upper West Side
  • Square Footage: 5,641

The condo, situated on a lot with an area of 36,864 square feet, has a zoning designation of R10, C2-5. The property's floor area ratio (FAR) is 12.25, and it falls under tax class 2. The lot dimensions measure 267.05 ft x 195.09 ft.

It is worth noting that the property had previously been sold for $14,003,938 on January 22, 2014.

Players

Deanna Kory
2 deals$36.3M volume
BROKER

Lynn Nguyen
The Corcoran Group
1 deal$12.8M volume
BROKER

Details

SOLD
IMAGE: Deanna Kory & Lynn Nguyen DATE: 08/27/2021 ADDRESS: 60 Riverside Boulevard, MARKET: Upper West Side ASSET TYPE: Condo ~ ZONING: R10, C2-5 BUYER: Manhattan Properties LLC SELLER: Elizabeth H. Van Merkensteijn BROKER: Deanna Kory & Lynn Nguyen - Corcoran SALE PRICE: $12,750,000 SF: 5,641 ~ PPSF: $2,260 FAR: 12.25 TAX CLASS: 2 LOT SIZE: 36,864 LAST SALE PRICCE: $14,003,938 (1/22/2014) LOT DIMENSION: 267.05 ft x 195.09 ft

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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