Michael Healy Acquires SFR In Carnegie Hill For $6.9M
118 East 95th Street, New York City, New York 10128, United States
$6,900,000
$2,243/SF
Building Size
3,075 SF
Asset Type
Single Family Residence
Closing
Sep 16, 2021
AI
A single-family residential property located at 118 East 95 Street in the Carnegie Hill neighborhood has been sold for $6,900,000. The property has a building square footage (BSF) of 6,075, which translates to a price per BSF (PPBSF) of $1,135. The total square footage (SF) is 3,075, resulting in a price per square foot (PPSF) of $2,243. The property sits on a lot with dimensions of 25 ft x 100 ft, totaling 2,500 square feet. The zoning is R8B, and the floor area ratio (FAR) is 1.23. The property falls under tax class 2A.
Summary of Transaction Details:
- Property Type: Single-Family Residential (SFR)
- Transaction Amount: $6,900,000
- Market: Carnegie Hill
- Address: 118 East 95 Street
- Lot Size: 2,500 square feet
- Zoning: R8B
The buyer of the property is Michael Healy, while Kenneth R Logan is the seller. The transaction was facilitated by the brokerage firm Compass, with Lauren Feldesman and Aieen Avini representing both parties. The sale also includes an alteration permit from August 18, 2006, labeled as Alteration 2.
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
2.30%
Cash-on-Cash
-0.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93