Updated Dec 19, 2023
Freda J Levenson Acquires Upper West Side, Manhattan One Family Attached Or Semi-Detached Property For $6.7M
159 West 87th Street, Manhattan, New York, NY, USA
$6,700,000
$1,633/SF
Building Size
4,102 SF
Asset Type
Single Family Residence
Closing
Jul 13, 2021
About this deal
AI
The property located at 159 West 87th Street in Upper West Side, Manhattan, was sold on July 14, 2021. The asset type of the property is One Family Attached or Semi-Detached (A5) under the R7-2 zoning. The property spans a total square footage of 4,102, with a price per square foot of $1,633. The transaction was completed for a total amount of $6,700,000. The previous sale of the property took place on February 7, 2003, with a sale price of $0.
Summary of transaction details
- Property Type: One Family Attached or Semi-Detached (A5) ~ R7-2
- Transaction Amount: $6,700,000
- Address: 159 West 87th Street
- Market: Upper West Side, Manhattan
- Square Footage: 4,102
- Price per Square Foot: $1,633
- Previous Sale Price: $0
- Previous Sale Date: February 7, 2003
The buyer of the property is Freda J Levenson, while the seller is Tara Shamroth. The transaction represents a significant sale in Upper West Side, Manhattan, indicating the demand for properties in the area. The deal was facilitated by the respective broker representatives of both parties involved.
Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.37%
Cash-on-Cash
-0.68%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93