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221 West 137th Street, Manh...

Jonathan Scott Acquires SFR In Harlem, Manhattan For $3.58M
SOLDSingle Family Residence

Jonathan Scott Acquires SFR In Harlem, Manhattan For $3.58M

221 West 137th Street, Manhattan, New York, NY, USA

$3,575,000

$875/SF

Building Size

4,084 SF

Asset Type

Single Family Residence

Closing

May 24, 2021

AI

A single-family residential property located at 221 West 137th Street in Harlem, Manhattan has been sold for a price of $3,575,000. The property has a building square footage (BSF) of 6,189, resulting in a price per BSF (PPBSF) of $577. The total square footage (SF) of the property is 4,084, with a price per SF (PPSF) of $875. The lot size is 1,799. The property is zoned as R7-2 and is classified in tax class 1. The lot dimensions measure 18 feet wide and 99.92 feet deep.

Summary of transaction details

  • Property Type: Single-family residential
  • Transaction Amount: $3,575,000
  • Market: Harlem, Manhattan
  • Buyer: Jonathan Scott
  • Seller: Robert Frankel
  • BSF: 6,189
  • PPBSF: $577
  • SF: 4,084
  • PPSF: $875
  • FAR: 2.27
  • Tax Class: 1
  • Lot Size: 1,799
  • Permits: Alteration type 2 (10/10/2018)
  • Lot Dimensions: 18 ft x 99.92 ft

The buyer of the property is Jonathan Scott, and the seller is Robert Frankel.

Players

Robert Frankel

Seller

$166M

vol

13 deals

Seller

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

4.44%

Cash-on-Cash

-1.27%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93