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Little Italy, New York City...

Melissa McCarthy & Ben Falcone Acquire Little Italy Penthouse For $7.35M
SOLDOther

Melissa McCarthy & Ben Falcone Acquire Little Italy Penthouse For $7.35M

Little Italy, New York City, New York, United States

$7,350,000

$3,062/SF

Building Size

2,400 SF

Asset Type

Other

Closing

Sep 7, 2022

AI

Melissa McCarthy and Ben Falcone, both actresses, have purchased a penthouse in Little Italy for $7,350,000. The penthouse spans 2,400 square feet, resulting in a price per square foot of $3,062.

Summary of transaction details

  • Property Type: Penthouse
  • Transaction Amount: $7,350,000
  • Market: Little Italy
  • Buyer: Melissa McCarthy and Ben Falcone (Actresses)
  • Broker: Doron Zwickel - @coregrouprealestate
  • Square Footage: 2,400
  • Price per Square Foot: $3,062

Doron Zwickel from @coregrouprealestate represented Melissa McCarthy and Ben Falcone in this transaction.

Players

Doron Zwickel

CORE Real Estate

Broker

$11.4M

vol

2 deals

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

2.16%

Cash-on-Cash

-0.62%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93