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101c East 97th Street, New ...

Updated Dec 21, 2023

Richard Brand Acquires Single Family Property In Carnegie Hill, Manhattan For $4.6M
SOLDSingle Family Residence

Richard Brand Acquires Single Family Property In Carnegie Hill, Manhattan For $4.6M

101c East 97th Street, New York City, New York 10029, United States

$4,556,900

$1,511/SF

Building Size

3,015 SF

Asset Type

Single Family Residence

Closing

Jul 10, 2022

About this deal

AI

The property located at 101 C East 97th Street in Carnegie Hill, Manhattan was recently sold in a closed transaction. The single-family property is zoned R7-2 and has a lot size of 847. The last recorded sale for this property was on July 28, 2015, for a price of $4,650,000. It underwent an alteration permit on May 5, 2016. The lot dimensions are 33.33 ft x 25.42 ft.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $4,556,900
  • Market: Carnegie Hill, Manhattan
  • Buyer: Richard Brand
  • Seller: Richard Brand
  • Building Square Footage: 2,914
  • Price per Building Square Foot: $1,563
  • Lot Square Footage: 3,015
  • Price per Lot Square Foot: $1,511
  • Floor Area Ratio (FAR): 3.56
  • Tax Class: 1

The transaction involved Richard Brand as both the buyer and seller, representing himself in the deal. The property was sold for $4,556,900, with a building square footage of 2,914 and a lot square footage of 3,015. The price per building square foot was $1,563, and the price per lot square foot was $1,511. The property has a floor area ratio (FAR) of 3.56 and is classified under tax class 1.

Players

Richard Brand

Broker

$4.6M

vol

1 deal

Broker

New York Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Deal FAQ

Richard Brand bought a home in New York for $4.6M in 2022. The full closing is on this page.

About $1.5K per square foot on a published $4.6M for 3,015 square feet (2022).

Visit Richard Brand to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.48%

Cash-on-Cash

-0.99%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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