Elad Group Sells Upper East Side Condo For $12.65M With Michael Reisor As Seller's Representative
201 East 74th Street
$12,650,000
$3,315/SF
Building Size
3,815 SF
Asset Type
Condo
Closing
Sep 1, 2025
About this deal
AI
The asset involved in this transaction is a condo located at 201 East 74th Street in the Upper East Side market. The sale price for the property was $12,650,000, and it has a total square footage of 3,815, resulting in a price per square foot of $3,315.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $12,650,000
- Square Footage: 3,815
- Price Per Square Foot: $3,315
- Address: 201 East 74th Street
- Market: Upper East Side
- Seller: Elad Group
- Buyer's Representative: Michael Reisor - Douglas Elliman
Michael Reisor from Douglas Elliman represented the buyer in this transaction, facilitating the process on behalf of the buyer. The transaction reflects the activity and interest in the Upper East Side area for high-value condo assets.
Players
New York Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.25%
Cash-on-Cash
-0.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93