Updated Dec 20, 2023
Dan Bibas Acquires Manhattan SFR From Adam Weitman For $14.4M
123 East 71st Street, New York City, New York 10021, United States
$14,425,000
$2,567/SF
Building Size
5,618 SF
Asset Type
Single Family Residence
Closing
Dec 12, 2021
About this deal
AI
A single-family residential property located at 123 East 71 Street in Manhattan has been sold for a total sum of $14,425,000. The property spans across 6,800 square feet, resulting in a price per square foot of $2,121. The transaction took place on December 15, 2021.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $14,425,000
- Market: Manhattan
The buyer of the property is Dan Bibas, while the seller is Adam Weitman. The sale was facilitated by Beth Benalloul and Sam Benalloul from Corcoran.
On the Map
$14,425,000
$2,567/SF
Single Family Residence
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Players
New York Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $2.6K per square foot on a published $14.4M for 5,618 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.10%
Cash-on-Cash
-0.31%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93