Frederick Rudd Sells Upper East Side SFR To Unnamed Buyer For $16M
116 East 65th Street, New York City, New York 10065, United States
$16,000,000
$2,285/SF
Building Size
7,000 SF
Asset Type
Single Family Residence
Closing
Jun 30, 2022
AI
Located in the upscale Upper East Side market of New York City, this single-family residential property at 116 East 65th Street recently changed hands in a closed transaction. The property, with a total area of 7,000 square feet, boasts a prestigious address and offers a luxurious living experience. The sale, which took place on 07/01/2022, involved seller Frederick Rudd and Kim Greenberg.
Summary of transaction details
- Property Type: Single Family Residential (SFR)
- Transaction Amount: $16,000,000
- Price per Square Foot: $2,285
The transaction for this coveted property marks a significant milestone in the Upper East Side real estate market. The home's exquisite design and spacious layout make it an ideal choice for discerning buyers seeking unparalleled luxury. Notably, the property was once owned by disgraced former socialite Ghislaine Maxwell, adding a historical element to its allure.
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
0.99%
Cash-on-Cash
-0.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93