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121 East 95th Street, Manha...

Updated Dec 19, 2023

Pamela Dickson Acquires Multifamily Property On East 95th Street For $4M
SOLDMultiFamily

Pamela Dickson Acquires Multifamily Property On East 95th Street For $4M

121 East 95th Street, Manhattan, New York, NY, USA

$4,000,000

$1,199/SF

Building Size

3,335 SF

Asset Type

MultiFamily

Closing

Apr 20, 2021

About this deal

AI

The multifamily property located at 121 East 95th Street in Carnegie Hill, Manhattan has been sold for a total price of $4,000,000. The property has a total square footage of 3,335 and a price per square foot of $1,199. The building has a total of 6,444 buildable square footage with a price per buildable square foot of $620. The lot size is 1,612 square feet, with dimensions of 16 ft x 100.67 ft. The property is zoned as R8B and falls under tax class 1. The sale of this property took place on April 21, 2021.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $4,000,000
  • Market: Carnegie Hill, Manhattan
  • Buyer: Pamela Dickson
  • Seller: Katherine Fredland Richardson
  • Square Footage: 3,335
  • Price per Square Foot: $1,199
  • Buildable Square Footage: 6,444
  • Price per Buildable Square Foot: $620
  • Lot Size: 1,612 square feet
  • Lot Dimensions: 16 ft x 100.67 ft

The sale of the property at 121 East 95th Street was facilitated by Pamela Dickson as the buyer and Katherine Fredland Richardson as the seller. The transaction also involved an alteration permit for type 2 which was issued on August 5, 2009. The property has a floor area ratio (FAR) of 2.07.

Players

New York MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $1.2K per square foot on a published $4M for 3,335 square feet (2021).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.97%

Cash-on-Cash

-1.13%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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