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111 East 81st Street, New Y...

111 NYC LLC Acquires SFR In Carnegie Hill From Joseph J. Magliocco & Allison F. Magliocco For $13.2M
SOLDSingle Family Residence

111 NYC LLC Acquires SFR In Carnegie Hill From Joseph J. Magliocco & Allison F. Magliocco For $13.2M

111 East 81st Street, New York City, New York 10028, United States

$13,200,000

$3,335/SF

Building Size

3,958 SF

Asset Type

Single Family Residence

Closing

Mar 9, 2022

AI

The single-family residence located at 111 East 81st Street in Carnegie Hill has been sold. The property, with a total square footage of 3,958, was sold for a final price of $13,200,000, resulting in a price per square foot of $3,347. The transaction took place on March 10, 2022.

Summary of transaction details

  • Property Type: Single-Family Residence
  • Transaction Amount: $13,200,000
  • Square Footage: 3,958
  • Price per Square Foot: $3,347
  • Address: 111 East 81st Street
  • Market: Carnegie Hill

The buyer of the property is 111 NYC LLC, while the sellers are Joseph J. Magliocco and Allison F. Magliocco. The transaction was facilitated by Sabrina Saltiel from Douglas Elliman, serving as the broker.

Players

Sabrina Saltiel

Douglas Elliman

Broker

$257.5M

vol

7 deals

Broker

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

1.20%

Cash-on-Cash

-0.34%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93