Hillcrest Company Buys 337 Riverside Drive In Upper West Side For $9.995M With Representations By Whitney Didier, Carl Gambino & Oliver Gold
337 Riverside Drive
$7,300,000
$730/SF
Building Size
10,000 SF
Asset Type
Single Family Residence
Closing
Dec 19, 2024
AI
The property asset involved in this transaction is a single-family residence located at 337 Riverside Drive in the Upper West Side market. The property spans 10,000 square feet and had a last asking price of $9,995,000.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $9,995,000
- Address: 337 Riverside Drive
- Market: Upper West Side
- Square Footage: 10,000
- Buyer: Hillcrest Company - Fred and Ryan Afari
- Buyer's Representative: Whitney Didier - Douglas Elliman
- Seller's Representatives: Carl Gambino & Oliver Gold - Compass
- Date of Sale: 12/19/2024
This transaction involved key individuals such as Fred and Ryan Afari representing the buyer, Hillcrest Company. Whitney Didier from Douglas Elliman acted as the buyer's representative, while the seller was represented by Carl Gambino and Oliver Gold from Compass. The transaction reflects the collaborative efforts of these professionals in the real estate 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
2.17%
Cash-on-Cash
-0.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93