Teresa & Vincent Viola's Upper East Side SFR Sold In Contract For $60M
12 East 69th Street, Manhattan, New York, NY, USA
$60,000,000
$3,000/SF
Building Size
20,000 SF
Asset Type
Single Family Residence
Closing
Mar 7, 2021
AI
The property involved in this transaction is a single-family residence located at 12 East 69th Street in the Upper East Side. It is currently in contract for sale.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $60,000,000
- Address: 12 East 69th Street
- Market: Upper East Side
The sellers of this property are Teresa & Vincent Viola. The townhouse has a total area of 20,000 square feet, resulting in a price per square foot of $3,000. The last recorded sale for this property was $20 million in 2005.
Notably, Vince Viola, the founder of Virtu Financial, has an approximate net worth of $2.4 billion and was nominated as the United States Secretary of the Army by former President Donald Trump. It is interesting to note that the townhouse was initially listed for $114 million in 2013.
Players
New York Single Family Residence Market Snapshot
Boundary boundary ยท Single Family Residence ยท Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.26%
Cash-on-Cash
-0.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93