Ashraf Pahlavi Sells Sutton Place Townhouse For $11.5M
SOLD
$11,500,000
New York
See Similar DealsOther12,260 SF
Sold
SOLD
Ashraf Pahlavi Sells Sutton Place Townhouse For $11.5M
29 Beekman Pl, New York, NY 10022, USA
See Similar DealsOther12,260 SF
Sold
Summary
NEW YORK
Asset Type:Other
Price Per Square Foot:$938
Total Square Footage:12260 SF
Transaction Type:Sale
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.
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30 years
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Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$613,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$40,857.09
Cash-on-Cash Return-1.27%
Monthly Debt Service$54,515.87
Annual Debt Service$654,190.40
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