Updated Dec 21, 2023
David Keusch Acquires Multifamily Property On Upper East Side For $15.25M
154 East 63rd Street, New York, NY 10065
$15,250,000
$1,694/SF
Building Size
9,000 SF
Asset Type
MultiFamily
Closing
Apr 21, 2020
About this deal
AI
The multifamily property located at 154 East 63rd St. in the Upper East Side recently changed hands in a closed transaction. The property spans approximately 9,000 square feet and was sold for a sale price of $15,250,000. The transaction took place on 04/22/2020.
Summary of transaction details
- Property Type: Multifamily
- Asking Price: $18,950,000
- Sale Price: $15,250,000
- Square footage: 9,000
- Price per square foot: $1,694
- Market: Upper East Side
The seller of the property was Diana King, while the buyer was David Keusch. Representing the seller were Robby Browne and Chris Kann from The Corcoran Group. The buyer was represented by Matthew Lesser and Ravi Kantha from Leslie J. Garfield.
Players
New York MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.04%
Cash-on-Cash
-0.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93