Justin Verlander & Kate Upton Acquire $16.75M Upper East Side Condo
Upper East Side, New York City, New York, United States
$16,750,000
Building Size
—
Asset Type
Condo
Closing
Jan 11, 2023
About this deal
AI
Justin Verlander and Kate Upton, well-known figures in the sports and entertainment industry, are reported to have entered into a contract to purchase a condominium on the Upper East Side of New York City. The transaction is currently in progress, with the official closing date set for January 11, 2023. The property in question is a condo located in the prestigious Upper East Side market.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $16,750,000
The buyers, Justin Verlander, an MLB pitcher, and his wife Kate Upton, are making a significant investment in this luxurious Upper East Side condo. The exact address and square footage of the property, as well as additional details about the deal, have not been disclosed in the available information.
On the Map
$16,750,000
Condo
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.95%
Cash-on-Cash
-0.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93