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347 West End Avenue, Manhat...

Updated Dec 19, 2023

Compass Brokers Facilitate $13M Sale Of SFR On Upper West Side To Larry Tetelman & Jesse Gordon
SOLDSingle Family Residence

Compass Brokers Facilitate $13M Sale Of SFR On Upper West Side To Larry Tetelman & Jesse Gordon

347 West End Avenue, Manhattan, New York, NY, USA

$13,000,000

$1,854/SF

Building Size

7,011 SF

Asset Type

Single Family Residence

Closing

Jun 1, 2021

About this deal

AI

The property involved in this transaction is a single-family residential (SFR) located at 347 West End Avenue in the Upper West Side of Manhattan. The property has a total square footage of 7,011 and a price per square foot (PPSF) of $1,854. The sale price for this property was $13,000,000, with a building square footage (BSF) of 22,470 and a price per BSF of $578.

Summary of transation details

  • Property Type: SFR
  • Transaction Amount: $13,000,000
  • Address: 347 West End Avenue
  • Market: Upper West Side, Manhattan
  • Zoning: R10A

The buyer of this property is Larry Tetelman, while the seller is Jesse Gordon. The deal was facilitated by Compass, with the following brokers representing the parties involved: Nora McGuire, Scott Hustis, Alexe Rice, and Mark Jovanovic.

Players

Mark Jovanovic

Compass

Broker

$13M

vol

1 deal

Broker

Jesse Gordon

Seller

$18.4M

vol

2 deals

Seller

New York Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Deal FAQ

About $1.9K per square foot on a published $13M for 7,011 square feet (2021).

Visit Jesse Gordon to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.22%

Cash-on-Cash

-0.35%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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