Updated Jan 30, 2024
James E. Demmert Acquires Single Family Property In Turtle Bay, Manhattan For $4.9M
241 East 52nd Street, New York City, New York 10022, United States
$4,999,999
$1,854/SF
Building Size
2,696 SF
Asset Type
Single Family Residence
Closing
Oct 12, 2022
About this deal
AI
A single-family property located at 241 East 52nd Street in the Turtle Bay neighborhood of Manhattan has been sold for a price of $4,999,999. The property has a total building size of 6,024 square feet, with a price per square foot of $830. The interior of the property spans a total area of 2,696 square feet, giving it a price per square foot of $1,854. The lot size is 1,506 square feet, with dimensions measuring 15 feet by 100.42 feet. The property is zoned as R8B and falls under tax class 1.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $4,999,999
- Market: Turtle Bay, Manhattan
- Floor Area Ratio (FAR): 1.79
- Permits: Alteration 2 (12/22/2008)
The buyer of the property is James E. Demmert, and the seller is Ricardo Anzaldua. No additional information about the individuals or companies involved in the deal is available.
Players
New York Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1.9K per square foot on a published $5M for 2,696 square feet (2022).
Browse New York single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.17%
Cash-on-Cash
-0.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93