Adam Modlin & David Levinson Sell Upper East Side SFR For $53.5M
11 East 69th Street, New York, NY, USA
$53,500,000
$3,881/SF
Building Size
13,784 SF
Asset Type
Single Family Residence
Closing
Jun 18, 2021
AI
An Upper East Side single-family residence located at 11 East 69th Street has been sold in a closed property transaction. The sale was completed on 06/18/21, with Adam Modlin of Modlin Group representing the seller, David Levinson.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $53,500,000
- Address: 11 East 69th Street
- Market: Upper East Side
- Square Footage: 13,784
The property, spanning 13,784 square feet, was sold for a price of $53,500,000, resulting in a per square foot price of $3,881. Adam Modlin of Modlin Group served as David Levinson's representative in the transaction.
Players
New York Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.30%
Cash-on-Cash
-0.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93