Norman Lear & Lyn Davis Sell Condo At 15 Central Park West For $17.5M, Represented By Felise Gross - Brown Harris Stevens
SOLD
$17,500,000
New York
See Similar DealsCondo5,902 SF
Sold 02/03/2020
SOLD
Norman Lear & Lyn Davis Sell Condo At 15 Central Park West For $17.5M, Represented By Felise Gross - Brown Harris Stevens
15 Central Park West, New York City, New York 10023, United States
See Similar DealsCondo5,902 SF
Sold 02/03/2020
Summary
NEW YORK
Asset Type:Condo
Price Per Square Foot:$2,965
Total Square Footage:5,902 SF
Transaction Type:Sale
A condo at 15 Central Park West in the Upper West Side neighborhood has been sold for $17,500,000. The property spans 5,902 square feet, resulting in a price per square foot of $2,965.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $17,500,000
- Property Size: 5,902 square feet
- Price Per Square Foot: $2,965
- Address: 15 Central Park West, Upper West Side
- Seller: Norman Lear & Lyn Davis
- Broker: Felise Gross - Brown Harris Stevens
This transaction was facilitated by Felise Gross of Brown Harris Stevens, who represented the seller, Norman Lear & Lyn Davis.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$933,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$62,173.82
Cash-on-Cash Return-1.27%
Monthly Debt Service$82,958.93
Annual Debt Service$995,507.14
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