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Gregg E. Zehr & Kim M. Cooper Acquire Celebrity Photographer Annie Leibovitz's Co-Op For $10.625M
SOLD
$10,625,000
New York
See Similar DealsCo-Op
Sold 02/16/2024
SOLD
Gregg E. Zehr & Kim M. Cooper Acquire Celebrity Photographer Annie Leibovitz's Co-Op For $10.625M
88 Central Park West
See Similar DealsCo-Op
Sold 02/16/2024
Summary
NEW YORK
Asset Type:Co-Op
Transaction Type:Sale
Summary of transaction details
- Property Type: Co-Op
- Transaction Amount: $10,625,000
- Address: 88 Central Park West, 5N
- Market: Upper West Side, Manhattan
- Buyer: Gregg E. Zehr & Kim M. Cooper
- Seller: Annie Leibovitz
- Broker: Deborah Kern - The Corcoran Group
Players
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$566,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$37,748.39
Cash-on-Cash Return-1.27%
Monthly Debt Service$50,367.92
Annual Debt Service$604,415.05
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