Compass Brokers Sell SFR On Carnegie Hill For $22.75M
160 East 81st Street, New York, NY, USA
$22,750,000
$2,708/SF
Building Size
8,401 SF
Asset Type
Single Family Residence
Closing
Nov 25, 2021
AI
Located in Carnegie Hill, the property at 160 & 162 East 81st St. recently changed hands in a closed sale transaction. The single-family residence encompasses a total of 8,401 square feet, offering a spacious living space for its occupants. The sale price for this SFR property was set at $22,750,000, resulting in a price per square foot of $2,708. This transaction was facilitated by the brokerage team of Patricia Farman-Farmaian, Alexa Lambert, Marc Achilles, and Georgeana Leontiou from Compass.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $22,750,000
- Address: 160 & 162 East 81st St.
- Market: Carnegie Hill
- Size: 8,401 square feet
- Price per Square Foot: $2,708
- Broker: Patricia Farman-Farmaian, Alexa Lambert, Marc Achilles, & Georgeana Leontiou - Compass
This deal brought together a team of experienced brokers, namely Patricia Farman-Farmaian, Alexa Lambert, Marc Achilles, and Georgeana Leontiou from Compass. Their expertise in the local real estate market ensured a successful transaction for all parties involved.
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
0.70%
Cash-on-Cash
-0.20%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93