facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Co Op

/

Sale

/

2 East 67th Street

James Coulter & Phyllis Coulter Purchase Co-Op At 2 East 67th Street For $36M
SOLDCo-Op

James Coulter & Phyllis Coulter Purchase Co-Op At 2 East 67th Street For $36M

2 East 67th Street

$36,000,000

Building Size

Asset Type

Co-Op

Closing

Jun 27, 2024

AI

A five-bedroom apartment located at 2 East 67th Street in the Upper East Side of Manhattan was sold for $36 million. The property was previously listed for $44.5 million.

Summary of transaction details:

James Coulter, a billionaire private equity executive, and his wife, Phyllis Coulter, acquired the apartment. The notable transaction in Manhattan's high-end real estate market was facilitated by Serena Boardman of Sotheby's International Realty.

Players

Serena Boardman

Sotheby's International Realty

Broker

$138.2M

vol

6 deals

Broker

New York Co-Op Market Snapshot

Boundary boundary · Co-Op · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.44%

Cash-on-Cash

-0.13%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93