Frank Rich And Alex Witchel Sell Upper West Side Co-Op For $2.95M With Broker Julie Gans - Compass
$2,950,000
Building Size
—
Asset Type
Co-Op
Closing
Oct 31, 2023
About this deal
AI
Frank Rich, the producer of HBO's "Succession," has sold his Upper West Side co-op for $2.95 million. The co-op, located in the Upper West Side market, was initially listed for $3.2 million. The transaction took place on October 31, 2023. The property is a co-op in the Upper West Side neighborhood.
Summary of transation details
- Property Type: Co-Op
- Transaction Amount: $2,950,000
- Seller: Frank Rich & Alex Witchel
- Broker: Julie Gans - Compass
- Market: Upper West Side
The sale was facilitated by Julie Gans, a broker from Compass. No additional information is available regarding the property.
Players
Market 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
5.38%
Cash-on-Cash
-1.54%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93