Robert H. Zeldin Acquires Miscellaneous Property In Upper West Side, Manhattan
66 West 87th Street, New York City, New York 10024, United States
$5,167,500
$1,118/SF
Building Size
4,622 SF
Asset Type
Other
Closing
Jan 12, 2022
AI
The property involved in this transaction is located at 66 West 87 Street in the Upper West Side of Manhattan. The property is classified as Miscellaneous and has a zoning designation of C1-9 and EC-2. The transaction took place on January 13, 2022.
Summary of transaction details:
- Property Type: Miscellaneous
- Transaction Amount: $5,167,500
- Address: 66 West 87 Street
- Market: Upper West Side, Manhattan
- Buyer: Robert H. Zeldin
- Seller: Richard Hall
The property has a building square footage (BSF) of 16,160 and a price per BSF (PPBSF) of $319. The total square footage (SF) of the property is 4,622, with a price per square footage (PPSF) of $1,118. The floor area ratio (FAR) of the property is 2.86, and the tax class is 1.
The lot size of the property is 1,616, and it has a permit for alteration 3, dated March 10, 2014. The lot dimensions are 16 feet by 100.67 feet.
Players
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
3.07%
Cash-on-Cash
-0.88%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93