Updated Dec 21, 2023
Martin Anthony White Acquires Sutton Place SFR From Raffaella Cribiore For $7M
17 Sutton Place, New York City, New York 10022, United States
$7,000,000
$1,448/SF
Building Size
4,834 SF
Asset Type
Single Family Residence
Closing
Mar 7, 2022
About this deal
AI
The property at 17 Sutton Place in Sutton Place, Manhattan has been sold. The single-family residential (SFR) property is located in an R10 zoning area. The sale took place on 03/08/2022.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $7,000,000
- Market: Sutton Place, Manhattan
- Buyer: Martin Anthony White
- Seller: Raffaella Cribiore
Martin Anthony White purchased the property from Raffaella Cribiore at a price of $7,000,000. The property has a building square footage (BSF) of 8,510, resulting in a price per BSF (PPBSF) of $822. The total area of the property is 4,834 square feet, with a price per square foot (PPSF) of $1,448.
The property has a floor area ratio (FAR) of 5.68 and falls under tax class 1. The lot size is 851 square feet, with dimensions of 16.67 ft x 51.08 ft. An alteration permit was issued on 07/12/2011 for the property.
Players
New York Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1.4K per square foot on a published $7M for 4,834 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.27%
Cash-on-Cash
-0.65%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93