Updated Dec 21, 2023
Rezo Kanovich Acquires Lincoln Square SFR For $10.5M With Natalie Eisen Newburgh & Adrian Noriega - CORE Group Real Estate
116 West 71st Street, Manhattan, New York, NY, USA
$10,500,000
$1,810/SF
Building Size
5,799 SF
Asset Type
Single Family Residence
Closing
Nov 17, 2020
About this deal
AI
The property located at 116 W. 71st Street in Lincoln Square was recently sold in a closed transaction on November 18, 2020. This single-family home, with a total square footage of 5,799, was purchased for a price of $10,500,000, resulting in a price per square foot of $1,810. The property is zoned as R8B.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $10,500,000
- Market: Lincoln Square
- Zoning: R8B
- Square Footage: 5,799
Rezo Kanovich is the buyer of this property. The transaction was facilitated by Natalie Eisen Newburgh and Adrian Noriega from CORE Group Real Estate. The property had previously been sold for $11,800,000 in March 2013.
New York Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1.8K per square foot on a published $10.5M for 5,799 square feet (2020).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.51%
Cash-on-Cash
-0.43%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93