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Kunj Atul Majmudar Acquires SFR In Carnegie Hill For $8.95M

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SOLD
$8,950,000

New York

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Single Family Residence4,153 SF
Sold 08/31/2020
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Property Image
SOLD

Kunj Atul Majmudar Acquires SFR In Carnegie Hill For $8.95M

158 East 81st Street

See Similar Deals
Single Family Residence4,153 SF
Sold 08/31/2020
the dealplayerscompscontact
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Summary

NEW YORK
Asset Type:Single Family Residence
Price Per Square Foot:$2,155
Total Square Footage:4,153 SF
Transaction Type:Sale

The single-family home located at 158 East 81 Street in Carnegie Hill has been sold for $8,950,000. The property features 4,160 square feet of space, with a price per square foot of $2,151. The lot size measures 20 feet by 104.33 feet. The last recorded sale price for this property was $9,245,000. The tax class for the property is 1, and the zoning is R8B.

Summary of transaction details:

  • Property Type: Single Family Residential (SFR)
  • Transaction Amount: $8,950,000
  • Market: Carnegie Hill
  • Buyer: Kunj Atul Majmudar
  • Seller: Nader Amari
  • Price per Square Foot: $2,151
  • Square Footage: 4,160 sqft
  • Lot Size: 20 ft x 104.33 ft
  • Tax Class: 1
  • Zoning: R8B
  • Last Sale Price: $9,245,000

The buyer, Kunj Atul Majmudar, and the seller, Nader Amari, were the key individuals in this transaction.

Players

Patricia Farman
Compass
Patricia Farman
2 deals$31.7M volume
BROKER

Details

SOLD
IMAGE: Patricia Farman-Farmaian DATE: 09/01/2020 ADDRESS: 158 East 81 Street MARKET: Carnegie Hill ASSET TYPE: SFR BUYER: Kunj Atul Majmudar SELLER: Nader Amari PRICE: $8,950,000 BSF: 8,348 / PPBSF: $1,072 SF: 4,160 / PPSF: $2,151 LOT SIZE: 20 ft x 104.33 ft TAX CLASS: 1 / ZONING: R8B LAST SALE PRICE: $9,245,000 LAST […]

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$477,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$31,797.47
Cash-on-Cash Return-1.27%
Monthly Debt Service$42,427.57
Annual Debt Service$509,130.79