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4 East 66th Street, New Yor...

Estate Of Paul Allen Sells Upper East Side Co-op For $101M
SOLDOther

Estate Of Paul Allen Sells Upper East Side Co-op For $101M

4 East 66th Street, New York City, New York 10065, United States

$101,000,000

Building Size

Asset Type

Other

Closing

Jul 13, 2022

AI

The co-op located at 4 East 66th Street in the Upper East Side has been sold for $101,000,000. This property was sold by the Estate of Paul Allen.

Summary of transaction details

  • Property Type: Co-op
  • Transaction Amount: $101,000,000
  • Date: 07/14/2022
  • Address: 4 East 66th Street
  • Market: Upper East Side

The sale of this co-op was facilitated by Betsy Messerschmitt of the Corcoran Group.

Players

Betsy Messerschmitt

The Corcoran Group

Broker

$101M

vol

1 deal

Broker

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

0.16%

Cash-on-Cash

-0.04%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93