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111 East 75th Street, New Y...

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

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

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

$1,575,000

$875/SF

Building Size

1,800 SF

Asset Type

Other

Closing

Dec 10, 2020

AI

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

R New York

Broker

$63.5M

vol

9 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

10.07%

Cash-on-Cash

-2.88%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93