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Stefani Berkin & Rob Barr Sell Upper East Side Co-Op For $1.57M

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SOLD
$1,575,000

New York

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Other1,800 SF
Sold 12/11/2020
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Property Image
SOLD

Stefani Berkin & Rob Barr Sell Upper East Side Co-Op For $1.57M

111 East 75th Street, New York, NY, USA

See Similar Deals
Other1,800 SF
Sold 12/11/2020
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Summary

NEW YORK
Asset Type:Other
Price Per Square Foot:$875
Total Square Footage:1,800 SF
Transaction Type:Sale

A co-op unit located at 111 East 75th Street, PH-10A in the Upper East Side has been sold for a price of $1,575,000. The property consists of 900 interior square feet and 900 exterior square feet (approximately). This sale represents the highest recorded sale and highest price per foot for the building.

Summary of transaction details

  • Property Type: Co-Op
  • Transaction Amount: $1,575,000
  • Address: 111 East 75th Street, PH-10A
  • Market: Upper East Side
  • Brokers: Stefani Berkin & Rob Barr - @RNewYorkBrokers
  • Square Footage: 900 Interior & 900 Exterior (approx.)

The sale was facilitated by Stefani Berkin and Rob Barr from @RNewYorkBrokers. They represented the parties involved in this transaction.

Players

Stefani Berkin
9 deals$63.5M volume
BROKER

Rob Barr
R New York
4 deals$37.1M volume
BROKER

Details

SOLD
IMAGE: Stefani Berkin (@StefBerkin) & Rob Barr (@Hi.ImRob) DATE: 12/11/2020 ADDRESS: 111 East 75th Street, PH-10A MARKET: Upper East Side ASSET TYPE: Co-Op 🏡 BROKERS: Stefani Berkin & Rob Barr - @RNewYorkBrokers PRICE: $1,575,000 SF: 900 Interior & 900 Exterior (approx.) NOTE: New building records: highest sale & highest price per foot.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$84,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$5,595.64
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,466.30
Annual Debt Service$89,595.64