David Kornmeier Of Brown Harris Stevens Sells SFR In Greenwich Village For $29.5M
27 East 11th Street, Manhattan, New York, NY 10003, USA
$29,500,000
$3,450/SF
Building Size
8,550 SF
Asset Type
Single Family Residence
Closing
Oct 25, 2021
AI
The recently closed property transaction in Greenwich Village involved the sale of a single-family home located at 27 East 11th St. The property, with a total area of 8,550 square feet, is zoned as R7-2, indicating its residential use. The transaction was facilitated by David Kornmeier from Brown Harris Stevens.
Summary of transaction details:
- Property Type: Single-Family Home
- Transaction Amount: $29,500,000
- Address: 27 East 11th St.
- Market: Greenwich Village
- Zoning: R7-2
The property was sold for a price of $29,500,000, presenting a per square foot cost of $3,450. It is worth noting that the previous sale of the property occurred in July 2016 for $26,000,000. This recent transaction represents a significant increase in value since the last sale.
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
0.54%
Cash-on-Cash
-0.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93