Compass Acquires Upper East Side SFR For $8M

A single-family residential property located at 105 E. 64th St. in the Upper East Side recently changed hands in a sale transaction. The property, spanning 6,300 square feet, was sold for a total price of $8,000,000. The sale took place on February 12, 2021. The buyer's representatives in the deal were Philip Scheinfeld and Sam Dahdal from the Philip Scheinfeld Team at Compass. On the other side, Beverly Cole from Sotheby's Realty acted as the seller's representative. Sandor Krauss provided legal counsel for the transaction. The property was previously sold for $8,600,000 in November 2017. The asking price for the recent sale was $9,900,000, resulting in a price per square foot of $1,269.

Summary of transaction details:

• Property Type: Single-Family Residential (SFR)
• Transaction Amount: $8,000,000
• Address: 105 E. 64th St.
• Market: Upper East Side

The sale of this residential property showcases the active real estate market in the Upper East Side. With a square footage of 6,300 and a sale price of $8,000,000, it represents a significant investment. The buyer, represented by Philip Scheinfeld and Sam Dahdal from the Philip Scheinfeld Team at Compass, saw great potential in this property. On the other side, Beverly Cole from Sotheby's Realty effectively negotiated the sale for the seller. It's interesting to note that the property was previously sold for $8,600,000 in November 2017, indicating a notable difference in the recent sale price. Overall, this transaction demonstrates the ongoing demand for high-end residential properties in the Upper East Side market.