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260 West 73rd Street, New Y...

Jennifer Kangas Acquires Upper West Side SFR From Nicholas Tsang For $10.75M
SOLDSingle Family Residence

Jennifer Kangas Acquires Upper West Side SFR From Nicholas Tsang For $10.75M

260 West 73rd Street, New York City, New York 10023, United States

$10,750,000

$1,692/SF

Building Size

6,350 SF

Asset Type

Single Family Residence

Closing

Oct 21, 2021

AI

The property located at 260 West 73 Street in the Upper West Side has been sold in a closed transaction. This single-family residence (SFR) is situated in a zoning district of R8B. The transaction took place on 10/22/2021.

Summary of transation details

  • Property Type: SFR
  • Transaction Amount: $10,750,000
  • Market: Upper West Side
  • Address: 260 West 73 Street

The buyer of the property is Jennifer Kangas, while the seller is Nicholas Tsang. Wolf Jakubowski from Brown Harris Stevens served as the broker in this deal, representing the parties involved.

The property was sold for a price of $10,750,000. It has a building square footage (BSF) of 7,628 and a price per BSF (PPBSF) of $1,409. The total square footage (SF) of the property is 6,350, with a price per SF (PPSF) of $1,692.

The property has a floor area ratio (FAR) of 3.33 and falls under tax class 1. It has a lot size of 1,907 square feet. The last recorded sale of the property was on 09/17/2015, for a price of $7,000,000. An alteration permit was issued on 02/16/2017.

The lot dimension of the property is 18.67 ft x 102.17 ft.

Players

Wolf Jakubowski

Brown Harris Stevens

Broker

$26.6M

vol

3 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

1.48%

Cash-on-Cash

-0.42%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93