facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Office

/

Sale

/

150 East 55th Street

Dr. Alevtina Edgar Acquires Office Building In Sutton Place, Manhattan For $2.15M
SOLDOffice

Dr. Alevtina Edgar Acquires Office Building In Sutton Place, Manhattan For $2.15M

150 East 55th Street

$2,150,000

$323/SF

Building Size

6,652 SF

Asset Type

Office

Closing

Jan 23, 2024

AI

An office property located at 150 East 55th Street in Sutton Place, Manhattan has been sold in a recent transaction. The property spans over 6,652 square feet and was sold for a price of $2,150,000, resulting in a price per square foot of $323. The transaction took place on January 23, 2024. The property was listed with an asking price of $2,495,000. The buyer of the property is Dr. Alevtina Edgar, while the sellers are Valerie & Nathalie MacCarthy.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: $2,150,000
  • Address: 150 East 55th Street, Sutton Place, Manhattan
  • Market: Sutton Place, Manhattan
  • Buyer: Dr. Alevtina Edgar
  • Seller: Valerie & Nathalie MacCarthy
  • Asking Price: $2,495,000
  • Square Footage: 6,652
  • Price per Square Foot: $323

Sanjana Reddy from Cushman & Wakefield represented both the buyer, Dr. Alevtina Edgar, and the sellers, Valerie & Nathalie MacCarthy, in this transaction.

Players

Sanjana Reddy

Cushman & Wakefield

Broker

$24.6M

vol

6 deals

Broker

New York Office Market Snapshot

Boundary boundary · Office · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

7.38%

Cash-on-Cash

-2.11%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93