Estate Of Paul Allen Sells Upper East Side Co-op For $101M
SOLD
$101,000,000
New York
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Sold 07/14/2022
SOLD
Estate Of Paul Allen Sells Upper East Side Co-op For $101M
4 East 66th Street, New York City, New York 10065, United States
See Similar DealsOther
Sold 07/14/2022
Summary
NEW YORK
Asset Type:Other
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$5,386,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$358,831.66
Cash-on-Cash Return-1.27%
Monthly Debt Service$478,791.53
Annual Debt Service$5,745,498.33
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