Manhattan Properties LLC Acquires Upper West Side Condo For $12.75M
60 Riverside Boulevard, Manhattan, New York, NY, USA
$12,750,000
$2,260/SF
Building Size
5,641 SF
Asset Type
—
Closing
Aug 26, 2021
About this deal
AI
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
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.24%
Cash-on-Cash
-0.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93