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88 Central Park West

Updated Dec 4, 2024

Bilt advertisement
Gregg E. Zehr & Kim M. Cooper Acquire Celebrity Photographer Annie Leibovitz's Co-Op For $10.625M
SOLDCo-Op

Gregg E. Zehr & Kim M. Cooper Acquire Celebrity Photographer Annie Leibovitz's Co-Op For $10.625M

88 Central Park West

$10,625,000

Building Size

Asset Type

Co-Op

Closing

Feb 16, 2024

About this deal

AI

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

The co op sale at 88 Central Park West in New York, New York sold for $10.6M in 2024. 88 Central Park West is classified as Co Op on Traded. Deborah Kern, The Corcoran Group appear on the sale alongside The Corcoran Group. This page is the New York, New York file for the 88 Central Park West co op sold: pricing, party profiles, and other closed co op comps from the same New York sit in the Market section below. Filter that New York co op set by closing date to see what else sold near 88 Central Park West around 2024. Published consideration for 88 Central Park West is $10.6M, dated 2024. Cite this Gregg E. Zehr & Kim M. Cooper Acquire Celebrity Photographer Annie Leibovitz's Co-Op For $10.625M sale when underwriting similar co op product around New York, New York.

Players

Deborah Kern

The Corcoran Group

Broker

$445.9M

vol

8 deals

Broker

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

1.49%

Cash-on-Cash

-0.43%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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