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12 East 69th Street, Manhat...

Teresa & Vincent Viola's Upper East Side SFR Sold In Contract For $60M
SOLDSingle Family Residence

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

Vincent Viola

Florida Panthers

Broker

$103.4M

vol

5 deals

Broker
Teresa Viola

Teresa Viola

Virtu Financial

Seller

$100.6M

vol

4 deals

Seller

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