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124 East 64th Street

Leslie J. Garfield & Co. Represents Both Parties In $11.2M Sale Of Upper East Side SFR
SOLDCo-Op

Leslie J. Garfield & Co. Represents Both Parties In $11.2M Sale Of Upper East Side SFR

124 East 64th Street

$11,200,000

$2,000/SF

Building Size

5,600 SF

Asset Type

Co-Op

Closing

Nov 9, 2022

AI

The property asset involved in this transaction is a Single Family Residence (SFR) located at 124 E 64th Street in the Upper East Side market. The property spans 5,600 square feet and was sold for a total price of $11,200,000, resulting in a price per square foot of $2,000.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $11,200,000
  • Square Footage: 5,600
  • Price per Square Foot: $2,000
  • Market: Upper East Side
  • Buyer's Representative: Jed Garfield - Leslie J. Garfield & Co.
  • Seller's Representatives: Matthew Lesser & Ravi Kantha - Leslie J. Garfield & Co.

The buyer was represented by Jed Garfield from Leslie J. Garfield & Co., while Matthew Lesser and Ravi Kantha, also from Leslie J. Garfield & Co., represented the seller in this transaction.

Players

Matthew Lesser

Leslie Garfield

Broker

$579.5M

vol

40 deals

Broker

New York Co-Op Market Snapshot

Boundary boundary · Co-Op · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.42%

Cash-on-Cash

-0.40%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93