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19 E 64th St, New York, NY ...

Len Blavatnik Acquires Upper East Side Mansion In Manhattan For $90M
SOLDOther

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

Chen Feng

HNA Group

Seller

$110M

vol

2 deals

Seller

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