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57 East 93rd Street, Manhat...

Updated Dec 20, 2023

A Daniel Sommer Acquires SFR In Carnegie Hill For $9M
SOLDSingle Family Residence

A Daniel Sommer Acquires SFR In Carnegie Hill For $9M

57 East 93rd Street, Manhattan, New York, NY, USA

$9,000,000

$2,447/SF

Building Size

3,678 SF

Asset Type

Single Family Residence

Closing

Oct 28, 2020

About this deal

AI

The property located at 57 East 93 Street in Carnegie Hill has been sold in a transaction that took place on October 29, 2020. The single-family residential (SFR) property has a zoning of R8B and R10. The lot size is 1,695 square feet with dimensions of 16.83 feet by 100.67 feet.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $9,000,000
  • Buyer: A Daniel Sommer
  • Seller: Thomas A Grier
  • BSF (Building Square Footage): 6,780
  • PPBSF (Price Per Building Square Foot): $1,327
  • SF (Square Footage): 3,678
  • PPSF (Price Per Square Foot): $2,446
  • FAR (Floor Area Ratio): 2.17
  • Tax Class: 1
  • Last Sale Price: $10,088,000 (05/08/2008)

In this transaction, A Daniel Sommer acted as the buyer and Thomas A Grier as the seller. The property was sold for $9,000,000 with a building square footage of 6,780 and a price per building square foot of $1,327. The total square footage of the property is 3,678, with a price per square foot of $2,446. The floor area ratio (FAR) is 2.17, and it is classified under tax class 1. The previous sale of the property took place on May 8, 2008, for a price of $10,088,000.

Players

New York Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Deal FAQ

About $2.4K per square foot on a published $9M for 3,678 square feet (2020).

Browse New York single family residence sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.76%

Cash-on-Cash

-0.50%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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