$27M Upper East Side Penthouse Sold By Alexa Lambert At Compass Development Marketing Group
200 West 83rd Street, New York City, New York 10024, United States
$27,000,000
$4,627/SF
Building Size
5,835 SF
Asset Type
Other
Closing
Nov 2, 2021
AI
An exceptional penthouse located at 200 East 83rd Street in the desirable Upper East Side neighborhood has been sold for a remarkable amount of $27,000,000. The property spans across 5,835 square feet, resulting in a price per square foot of $4,627. This distinctive penthouse offers luxurious living space and breathtaking views, making it a highly sought-after asset in the market.
Summary of transaction details
- Property Type: Penthouse
- Transaction Amount: $27,000,000
- Address: 200 East 83rd Street
- Market: Upper East Side
- Square Footage: 5,835
- Price Per Square Foot: $4,627
The deal was facilitated by Alexa Lambert from Compass Development Marketing Group, acting as the broker in this transaction. Lambert's expertise and guidance were instrumental in ensuring a successful sale.
The penthouse benefits from a fantastic location within the Upper East Side, known for its elegance and sophistication. This lucrative deal highlights the strong demand for luxury properties within this coveted neighborhood. The sale of this remarkable penthouse sets a new benchmark in terms of both price and prestige in the Upper East Side market.
Players
New York Other Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.59%
Cash-on-Cash
-0.17%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93