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:
- Property Type: Co-Op
- Transaction Amount: $36,000,000
- Buyer: James Coulter & Phyllis Coulter
- Broker: Serena Boardman - Sotheby's International Realty
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.
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
0.44%
Cash-on-Cash
-0.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93