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
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