Updated Dec 21, 2023
Jeffery Cook-Mccormac Acquires Single Family Property On West 78th Street For $7.6M
318 West 78th Street, New York City, New York 10024, United States
$7,625,000
$1,363/SF
Building Size
5,591 SF
Asset Type
Single Family Residence
Closing
Jul 21, 2022
About this deal
AI
A single-family property located at 318 West 78th Street in the Upper West Side of Manhattan has been sold. The transaction took place on July 22, 2022, with the buyer being Jeffery Cook-Mccormac and the seller Elizabeth Goldman. The property was sold for a price of $7,625,000.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $7,625,000
- Address: 318 West 78th Street
- Market: Upper West Side, Manhattan
- ASSET TYPE: Single Family
- ZONING: R8B
The property has a building square footage (BSF) of 7,356 and a price per BSF (PPBSF) of $1,036. The total square footage (SF) of the property is 5,591 with a price per square foot (PPSF) of $1,363. The floor area ratio (FAR) of the property is 3.04 and it falls under tax class 1.
The lot size of the property is 1,839 square feet. The property was last sold for $6,200,000 on October 19, 2010. It has a permit for alteration 2, issued on June 30, 2017. The lot dimensions are 18 feet x 102.17 feet.
Players
New York Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1.4K per square foot on a published $7.6M for 5,591 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
2.08%
Cash-on-Cash
-0.59%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93