Rupert Murdoch Acquires Central Park South Co-op For $35.2M
150 Central Park S New York, NY 10019, USA
$35,200,000
$5,415/SF
Building Size
6,500 SF
Asset Type
Co-Op
Closing
May 8, 2023
About this deal
AI
Rupert Murdoch, the media mogul, purchased a 6,500-square-foot co-op on Central Park South in New York for $35.2 million. The co-op, located in the Billionaires' Row, features seven bedrooms, five bathrooms, a living room with three arched doorways leading to a terrace overlooking Central Park, and a library with a fireplace.
Summary of transaction details
- Property Type: Co-op
- Transaction Amount: $35,200,000
- Square Footage: 6,500
- Price Per Square Foot: $5,415
- Address: 150 Central Park South, New York
Deborah Grubman from Corcoran represented Rupert Murdoch as the buyer's agent, while Joanne Douglas from Douglas Elliman represented Julian Robertson Jr as the seller's agent.
On the Map
$35,200,000
$5,415/SF
Co-Op
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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
0.45%
Cash-on-Cash
-0.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93