Brown Harris Stevens Represents Buyer In $7.25M Upper East Side SFR Sale
132 East 70th Street, Manhattan, New York, NY, USA
$7,250,000
$1,020/SF
Building Size
7,103 SF
Asset Type
Single Family Residence
Closing
Feb 4, 2021
AI
The property involved in this transaction is a Single Family Residence (SFR) located at 132 East 70th Street in the Upper East Side market. The property was sold for a total price of $7,250,000. It spans a total area of 7,103 square feet, resulting in a price per square foot of $1,020.
Summary of transaction details
- Property Type: Single Family Residence (SFR)
- Transaction Amount: $7,250,000
- Address: 132 East 70th Street
- Market: Upper East Side
Gillian Bland and Jean Meisel from Brown Harris Stevens represented the buyer in this transaction, while Loy Carlos from The Corcoran Group represented the seller. It is worth noting that the property was originally built in 1910 and features 5 stories plus a cellar. Additionally, the property includes an elevator and was initially constructed for the son of the founder of Goldman Sachs.
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
2.19%
Cash-on-Cash
-0.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93