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132 East 70th Street, Manha...

Brown Harris Stevens Represents Buyer In $7.25M Upper East Side SFR Sale
SOLDSingle Family Residence

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

Loy Carlos

Nest Seekers International

Broker

$57M

vol

4 deals

Broker
The Corcoran Group
The Corcoran GroupBrokerage

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