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340 West 84th Street, New Y...

Thomas Harding Acquires Single Family Home On Upper West Side For $4.35M
SOLDSingle Family Residence

Thomas Harding Acquires Single Family Home On Upper West Side For $4.35M

340 West 84th Street, New York City, New York 10024, United States

$4,353,375

$1,061/SF

Building Size

4,101 SF

Asset Type

Single Family Residence

Closing

Sep 18, 2022

AI

The single-family property located at 340 West 84th Street in the Upper West Side of Manhattan has been sold in a recent transaction. The property, with a lot size of 1,839 square feet and dimensions of 18 ft x 102.17 ft, is zoned as R8B. The sale took place on September 19, 2022, with a total sale price of $4,353,375.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $4,353,375
  • Market: Upper West Side, Manhattan
  • Building Square Footage (BSF): 7,356
  • Price per Building Square Foot (PPBSF): $1,872
  • Square Footage (SF): 4,101
  • Price per Square Foot (PPSF): $1,061
  • FAR: 2.23
  • Tax Class: 1

The buyer of the property is Thomas Harding, while the sellers are David V Levy and Alexander C Levy. The lot size and dimensions of the property provide a significant opportunity for development. The transaction showcases the demand for single-family properties in the desirable Upper West Side, Manhattan market.

Players

Alexander Levy

Seller

$18.4M

vol

4 deals

Seller

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

3.64%

Cash-on-Cash

-1.04%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93