Len Blavatnik Acquires Upper East Side Mansion In Manhattan For $90M
19 E 64th St, New York, NY 10065, USA
Building Size
210,720 SF
Asset Type
Other
Closing
Feb 13, 2018
AI
An Upper East Side mansion located at 19 East 64th Street in Manhattan has been sold for a staggering price of $90,000,000. The property spans over 21,072 square feet, resulting in a price per square foot of $4,271. This luxurious mansion, situated in one of the most coveted areas of New York City, is certainly an impressive asset.
Summary of transaction details:
- Property Type: Upper East Side Mansion
- Transaction Amount: $90,000,000
- Square Footage: 21,072
- Price Per Square Foot: $4,271
- Address: 19 East 64th Street, New York
- Market: Manhattan
The seller of the property was the HNA Group, represented by Chen Feng. On the other hand, the buyer of this magnificent mansion is Len Blavatnik. Both parties involved in the transaction are well-known figures in their respective industries.
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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93