The Corcoran Group Sells Manhattan Landmarked Emily Trevor Mansion For $26M
15 East 90th Street
$26,000,000
$2,135/SF
Building Size
12,173 SF
Asset Type
Co-Op
Closing
Dec 28, 2022
AI
The Emily Trevor Mansion, a Landmarked historical property located at 15 East 90th Street in New York City, has been sold for a total of $26,000,000. This Single Family Residential (SFR) asset spans over 12,000 square feet, offering a price per square foot (PPSF) of $2,136. The sale transaction was facilitated by Raphael Sitruk, David Mayer, and Michael Hania from The Corcoran Group, who represented the seller in this deal.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $26,000,000
- Square Footage: 12,173
- Price per Square Foot (PPSF): $2,136
- Seller's Representatives: Raphael Sitruk, David Mayer, and Michael Hania - The Corcoran Group
The Emily Trevor Mansion, originally designed by Mott Schmidt, has recently undergone a comprehensive renovation and modernization, preserving its historical spirit, architecture, and style. The property is highlighted by two stunning terraces, adding to its unique charm and appeal.
It is worth noting that the offer for this property was accepted within a remarkable 43 days, which is 17 times faster than the industry average at this price point. The successful sale of the Emily Trevor Mansion further solidifies the expertise of the MSH Team, known for their exceptional real estate services in both New York and Miami.
Players
New York City 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
0.61%
Cash-on-Cash
-0.17%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93