Updated Dec 21, 2023
Upland Property Advisors Facilitates $6.8M Sale Of Multifamily Property On Upper East Side
52 East 76th Street, New York, NY 10021, USA
$6,800,000
$1,000/SF
Building Size
6,800 SF
Asset Type
MultiFamily
Closing
Oct 7, 2021
About this deal
AI
A multifamily property located at 52 East 76th Street in the Upper East Side has been sold for a price of $6,800,000. The property spans approximately 6,800 square feet, resulting in a price per square foot of $1,000.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $6,800,000
- Date: 10/07/2021
- Address: 52 East 76th Street
- Market: Upper East Side
The sale of the property was facilitated by Yoav Oelsner and Glenn Tolchin from Upland Property Advisors. They represented the buyer and seller in this transaction.
On the Map
$6,800,000
$1,000/SF
MultiFamily
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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
2.33%
Cash-on-Cash
-0.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93