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4 East 66th Street, New Yor...

Updated Dec 21, 2023

Bilt advertisement
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

About this deal

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.

The other sale at 4 East 66th Street, New York City, New York 10065, United States in New York, New York sold for $101M in 2022. 4 East 66th Street, New York City, New York 10065, United States is classified as Other on Traded. Betsy Messerschmitt, Paul Allen, The Corcoran Group appear on the sale alongside The Corcoran Group. This page is the New York, New York file for the 4 East 66th Street, New York City, New York 10065, United States other sold: pricing, party profiles, and other closed other comps from the same New York sit in the Market section below. Filter that New York other set by closing date to see what else sold near 4 East 66th Street, New York City, New York 10065, United States around 2022. Published consideration for 4 East 66th Street, New York City, New York 10065, United States is $101M, dated 2022. Cite this Estate Of Paul Allen Sells Upper East Side Co-op For $101M sale when underwriting similar other product around New York, New York.

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

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