Updated Dec 21, 2023
Rachel Minard Acquires Single Family Home In Murray Hill, Manhattan For $9M
115 East 38th Street, New York City, New York 10016, United States
$9,000,000
$1,925/SF
Building Size
4,675 SF
Asset Type
Single Family Residence
Closing
Nov 18, 2021
About this deal
AI
The single-family property at 115 East 38 Street in Murray Hill, Manhattan has been sold. The transaction took place on November 19, 2021. The property is zoned as R8B and is situated on a lot size of 1,679 square feet. The last recorded sale of the property was on October 22, 2014, for a price of $5,375,000. The dimensions of the lot are 17 feet by 98.75 feet.
Summary of transaction details
- Property Type: Single Family
- Sale Price: $9,000,000
- Building Square Footage: 6,716
- Price per Building Square Foot: $1,340
- Property Square Footage: 4,675
- Price per Square Foot: $1,925
- Floor Area Ratio (FAR): 2.78
- Tax Class: 1
The buyer of the property is Rachel Minard, and the seller is Arthur Krystofiak. The deal was facilitated by their respective representatives.
Players
New York Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1.9K per square foot on a published $9M for 4,675 square feet (2021).
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