Suzy Welch Purchases Condo From Joseph Edelman For $24.2 Million In Upper East Side
160 East 81st Street
$24,200,000
$3,361/SF
Building Size
7,200 SF
Asset Type
Condo
Closing
Dec 30, 2025
About this deal
AI
The asset involved in this transaction is a condo located at 160 East 81st Street in the Upper East Side market. The sale price was $24,200,000, with a total area of 7,200 square feet, resulting in a price per square foot of $3,361.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $24,200,000
- Buyer: Suzy Welch
- Seller: Joseph Edelman
- Square Footage: 7,200
- Price per Square Foot: $3,361
- Transaction Date: 12/30/2025
Suzy Welch, an author and the widow of former GE CEO Jack Welch, made this purchase marking her third in the Upper East Side over seven years. There are no confirmed plans for her to reside in the property acquired from Joseph Edelman.
On the Map
$24,200,000
$3,361/SF
Condo
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Players
New York Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $3.4K per square foot on a published $24.2M for 7,200 square feet (2025).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.66%
Cash-on-Cash
-0.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93