Updated Dec 21, 2023
Compass Real Estate Facilitates $6.3M Sale Of SFR In Upper West Side
307 West 89th Street, New York City, New York 10024, United States
$6,300,000
$1,346/SF
Building Size
4,679 SF
Asset Type
Single Family Residence
Closing
Sep 14, 2021
About this deal
AI
A single-family residential property located at 307 West 89 Street in the Upper West Side neighborhood has been sold. The property, with a total square footage of 4,679, was sold at a price of $6,300,000, resulting in a price per square foot of $1,346. The building has a buildable square footage of 12,142 and a price per buildable square foot of $518. The seller of the property was Richard Montalbano. The transaction was facilitated by James Hall & Anna Hall of Compass Real Estate.
Summary of transaction details:
- Property Type: Single-Family Residential (SFR)
- Transaction Amount: $6,300,000
- Address: 307 West 89 Street
- Market: Upper West Side
- Zoning: R8
- Buildable Square Footage: 12,142
- Price per Buildable Square Foot: $518
- Square Footage: 4,679
- Price per Square Foot: $1,346
James Hall & Anna Hall of Compass Real Estate represented the buyer and seller in this transaction, showcasing their expertise in the Upper West Side market.
Players
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
2.52%
Cash-on-Cash
-0.72%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93