Ashraf Pahlavi Sells Sutton Place Townhouse For $11.5M
29 Beekman Pl, New York, NY 10022, USA
$11,500,000
$938/SF
Building Size
12,260 SF
Asset Type
Other
Closing
Aug 4, 2020
AI
A townhouse located at 29 Beekman Place in Sutton Place has been sold in a recent transaction. The property, listed for sale by Ashraf Pahlavi, was purchased for $11,500,000. The townhouse spans approximately 12,260 square feet, resulting in a price per square foot of $938.
Summary of transaction details
- Property Type: Townhouse
- Transaction Amount: $11,500,000
- Address: 29 Beekman Place
- Market: Sutton Place
The deal was facilitated by brokers Greg Corbin and Aaron Jungreis from Rosewood Realty Group, along with Charlie Attias from the Compass. Additional information about the buyer is undisclosed.
It is worth noting that the asking price for the townhouse was $11,450,000, and it has been on the market for an unspecified amount of time before the sale.
Players
New York Other Market Snapshot
Boundary boundary · Other · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.38%
Cash-on-Cash
-0.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93