Updated Jan 30, 2024
Brown Harris Stevens Sells SFR In Lower East Side For $7.5M
170 Eldridge Street, Manhattan, New York, NY, USA
$7,500,000
$1,250/SF
Building Size
6,000 SF
Asset Type
Single Family Residence
Closing
Jun 1, 2021
About this deal
AI
Located at 170 Eldridge Street in the Lower East Side, this single-family residential property recently changed hands in a sale transaction. The deal was facilitated by brokers TJ Johnson and Ogden Starr of Brown Harris Stevens. The property spans approximately 6,000 square feet and was sold for a price of $7,500,000, resulting in a price per square foot of $1,250.
Summary of transation details
- Property Type: SFR
- Transaction Amount: $7,500,000
- Address: 170 Eldridge Street
- Market: Lower East Side
- Listing Agency: Brown Harris Stevens
- Brokers: TJ Johnson and Ogden Starr
This transaction highlights the collaborative efforts of TJ Johnson and Ogden Starr from Brown Harris Stevens. With their expertise and representation, the buyer and seller were able to successfully complete the sale of this residential property in the Lower East Side.
New York Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Deal FAQ
About $1.3K per square foot on a published $7.5M for 6,000 square feet (2021).
Visit Brown Harris Stevens to view all their deals.
Browse New York single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.12%
Cash-on-Cash
-0.60%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93