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11 East 86th Street, New Yo...

Compass Represents Seller In $3.5M Co-op Sale On East 86th Street, Carnegie Hill
SOLDOther

Compass Represents Seller In $3.5M Co-op Sale On East 86th Street, Carnegie Hill

11 East 86th Street, New York City, New York 10128, United States

$3,500,000

Building Size

Asset Type

Other

Closing

Oct 24, 2022

AI

Located in the prestigious Carnegie Hill neighborhood, this co-op unit at 11 East 86th Street PHA has recently been sold. The transaction took place on October 25, 2022, with a sale price of $3,500,000. This beautifully designed property offers luxurious living spaces and is situated in a highly desirable location.

Summary of transation details

  • Property Type: Co-op
  • Transaction Amount: $3,500,000
  • Address: 11 East 86th Street PHA
  • Market: Carnegie Hill

The buyer was represented by Kobi Lahav from Living New York, a trusted real estate agency, while Rachel Glazer and Bridget Little from Compass acted as the seller's representatives. The involvement of these experienced professionals ensured a smooth and successful transaction for both parties involved.

Players

Rachel Glazer

Compass

Broker

$30.2M

vol

5 deals

Broker

New York Other Market Snapshot

Boundary boundary · Other · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.53%

Cash-on-Cash

-1.30%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93