Dana Lowey And Solomon Berger Of Holliswood Development Acquire Upper West Side Townhouse For $6.5M
15 West 74th Street
$6,500,000
$930/SF
Building Size
6,988 SF
Asset Type
Single Family Residence
Closing
Mar 3, 2026
AI
This transaction involved a single-family residence located at 15 West 74th Street in the Upper West Side. The property is a 6,988 square foot single-family townhouse, sold for $6,500,000, with a price per square foot of $930.
Summary of transation details:
- Property Type: SFR
- Transaction Amount: $6,500,000
- Address: 15 West 74th Street
- Market: Upper West Side
- Square Footage: 6,988
- Price per Square Foot: $930
- Buyer: Dana Lowey & Solomon Berger - Holliswood Development
- Seller: Olga Mora
- Brokers: Rick Pretsfelder & Leslie J. Garfield
The deal was facilitated by notable individuals in real estate, Dana Lowey and Solomon Berger from Holliswood Development, who continue to expand their portfolio in the Upper West Side. The firm is known for its focus on high-end residential projects and this acquisition marks their sixth brownstone renovation in the region, responding to strong demand for single-family townhouses amid limited supply.
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
2.44%
Cash-on-Cash
-0.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93