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160 East 81st Street, New Y...

Compass Brokers Sell SFR On Carnegie Hill For $22.75M
SOLDSingle Family Residence

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

Patricia Farman

Compass

Broker

$31.7M

vol

2 deals

Broker

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