facebook
Traded Co logo
Submit

Douglas Elliman Represents Buyer In $5.5M Sale Of Upper West Side SFR

Property Image
SOLD
$5,500,000

New York

See Similar Deals
Single Family Residence3,674 SF
Sold 07/29/2021
the dealplayerscompscontact
Property Image
SOLD

Douglas Elliman Represents Buyer In $5.5M Sale Of Upper West Side SFR

145 West 88th Street, Manhattan, New York, NY, USA

See Similar Deals
Single Family Residence3,674 SF
Sold 07/29/2021
Contact now

Summary

NEW YORK
Asset Type:Single Family Residence
Price Per Square Foot:$1,497
Total Square Footage:3,674 SF
Transaction Type:Sale

Located at 145 West 88th Street in the Upper West Side, this single-family residential property was recently sold in a closed transaction. The property, zoned as R7-2, is a SFR (Single-Family Residential) asset. It features a total of 3,674 square feet and sits on a lot size of 1,717 square feet.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $5,500,000
  • Market: Upper West Side

The buyer was represented by Steffen Kral from Douglas Elliman, while the seller was represented by Carol Levy from Carol E. Levy Real Estate. The sale price for this property was $5,500,000, resulting in a price per square foot (PPSF) of $1,497. The building has a building square footage (BSF) of 5,906, translating to a price per buildable square foot (PPBSF) of $931. The last recorded sale for this property was on September 9, 2015, with a sale price of $6,200,000.

The property benefits from a floor area ratio (FAR) of 2.14 and falls under tax class 1. The lot dimensions are 17 feet by 100.67 feet. Additionally, on December 21, 2004, permits were issued for an alteration of type 3 for this property.

Players

Steffen Kral
2 deals$11.4M volume
BROKER

Carol Levy
1 deal$5.5M volume
BROKER

Details

SOLD
IMAGE: Steffen Kral & Carol Levy DATE: 07/29/2021 ADDRESS: 145 West 88th Street MARKET: Upper West Side ASSET TYPE: SFR ~ ZONING: R7-2 BUYER’S REP: Steffen Kral - Douglas Elliman SELLER’S REP: Carol Levy - Carol E. Levy Real Estate SALE PRICE: $5,500,000 BSF: 5,906 ~ PPBSF: $931 SF: 3,674 ~ PPSF: $1,497 FAR: 2.14 TAX CLASS: 1 LOT SIZE: 1,717 LAST SALE PRICE: $6,200,000 (09/09/2015) PERMITS: Alteration type 3 (12/21/2004) LOT DIMENSIONS: 17 ft x 100.67 ft

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$293,333.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$19,540.35
Cash-on-Cash Return-1.27%
Monthly Debt Service$26,072.81
Annual Debt Service$312,873.67