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114 East 35th Street

Joan L. Greenberg Acquires SFR In New York City For $15M
SOLDMultiFamily

Joan L. Greenberg Acquires SFR In New York City For $15M

114 East 35th Street

$15,000,000

$750/SF

Building Size

20,000 SF

Asset Type

MultiFamily

Closing

Apr 3, 2023

AI

The property at 114 East 35th Street in New York City has been sold in a closed transaction. The single-family home features approximately 20,000 square feet of space. The sale price amounted to $15,000,000, resulting in a price per square foot of $750.

Summary of transaction details

The deal was facilitated by Tristan Harper from Douglas Elliman. Joan L. Greenberg purchased the property from Renato Matos at a price of $15,000,000. The transaction represents a price per square foot of $750 for the 20,000 square foot single-family home located at 114 East 35th Street in New York City.

Players

Tristan Harper

Douglas Elliman

Broker

$123.1M

vol

4 deals

Broker

Joan Greenberg

Buyer

$89.4M

vol

4 deals

Buyer

Market MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.06%

Cash-on-Cash

-0.30%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93