Amy & Robert Bressman Acquire Mike D's Childhood Home On Upper West Side For $13.5M
300 Central Park West
$13,500,000
$2,142/SF
Building Size
6,300 SF
Asset Type
Co-Op
Closing
Oct 3, 2023
AI
The childhood home of Mike D (Michael Diamond), co-founder of the Beastie Boys, located in the Upper West Side's El Dorado building, has been sold for $13.5 million. The property is a Co-Op with a total square footage of 6,300. The sale price per square foot is $2,143. The transaction took place on 10/03/2023 in the Upper West Side market.
Summary of transaction details
- Property Type: Co-Op
- Transaction Amount: $13,500,000
- Square Footage: 6,300
- Sale Price per Square Foot: $2,143
- Buyer: Amy & Robert Bressman
- Seller: Estate of Hester Diamond
- Brokers: Amy Katcher - The Corcoran Group & Michael Franco - Compass
- Market: Upper West Side
Amy & Robert Bressman purchased the property from the Estate of Hester Diamond. The sale price of $13.5 million represents a decrease from the initial listing price of $19.5 million. The deal was facilitated by Amy Katcher from The Corcoran Group and Michael Franco from Compass.
Players
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
1.18%
Cash-on-Cash
-0.34%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93