Updated Oct 28, 2024
Saint David’s School Acquires SFR In Upper East Side For $26.5M
15 East 88th Street, New York City, New York 10128, United States
$26,500,000
$2,760/SF
Building Size
9,600 SF
Asset Type
Single Family Residence
Closing
May 25, 2022
About this deal
AI
The property involved in this closed transaction is a Single Family Residence located at 15 East 88th Street in the Upper East Side neighborhood. The property spans approximately 9,600 square feet and was sold for a total sale price of $26,500,000, resulting in a price per square foot of $2,760.
Summary of Transaction Details
- Property Type: Single Family Residence
- Transaction Amount: $26,500,000
- Address: 15 East 88th Street, Upper East Side
- Market: Upper East Side
The buyer of the property was Saint David's School, while the sellers were Paul Fribourg and Josabeth Fribourg.
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
0.60%
Cash-on-Cash
-0.17%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93