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Hillcrest Company Buys 337 Riverside Drive In Upper West Side For $9.995M With Representations By Whitney Didier, Carl Gambino & Oliver Gold

Property Image
SOLD
$7,300,000
Whitney Didier
Carl Gambino
Oliver Gold

New York

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Single Family Residence10,000 SF
Sold 12/19/2024
the dealplayerscompscontact
Property Image
SOLD

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

See Similar Deals
Single Family Residence10,000 SF
Sold 12/19/2024
Whitney Didier
Carl Gambino
Oliver Gold
the dealplayerscompscontact
Contact now

Summary

NEW YORK
Asset Type:Single Family Residence
Price Per Square Foot:$730
Total Square Footage:10,000 SF
Transaction Type:Sale

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

Carl Gambino
Compass
Carl Gambino
38 deals$479.8M volume
BROKER
Whitney Didier
The Corcoran Group
Whitney Didier
3 deals$18.1M volume
BROKER
Oliver Gold
Compass
Oliver Gold
1 deal$7.3M volume(917) 664-7214
BROKER

Details

SOLD
IMAGE: Fred Afari, Ryan Afari, Carl Gambino, Whitney Didier & Oliver Gold DATE: 12/19/2024 ADDRESS: 337 Riverside Drive MARKET: Upper West Side ASSET TYPE: SFR ~ SF: 10,000 BUYER: Hillcrest Company - Fred and Ryan Afari BUYER'S REP: Whitney Didier (@Whitney_Didier) - Douglas Elliman (@DouglasElliman) SELLER'S REP: Carl Gambino (@GambinoGroup) (@CarlGambino.RealEstate) & Oliver Gold (@OliverGNYC) - Compass (@Compass) LAST ASKING: $9,995,000

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$25,935.37
Cash-on-Cash Return-1.27%
Monthly Debt Service$34,605.72
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