Updated Feb 19, 2025
Jonathan & Jill Steinberg Sell Single Family Residence At 36 East 64th Street For $11.5M
36 East 64th Street
$11,500,000
$1,513/SF
Building Size
7,600 SF
Asset Type
Single Family Residence
Closing
Feb 14, 2025
About this deal
AI
The property asset involved in this transaction is a single-family residence located at 36 East 64th Street in the Lenox Hill market. The asking price for the residence was set at $14,900,000, while it ultimately sold for $11,500,000. The residence encompasses a total space of 7,600 square feet, resulting in a price per square foot of $1,513.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $11,500,000
- Asking Price: $14,900,000
- Square Footage: 7,600
- Price Per Square Foot: $1,513
- Seller: Jonathan & Jill Steinberg
- Broker Representatives: Philip Scheinfeld & Alexa Horgan - Compass
- Date of Sale: 02/14/2025
Philip Scheinfeld and Alexa Horgan represented the purchasers in this transaction. They successfully negotiated a 23% discount off the asking price during the deal.
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
1.38%
Cash-on-Cash
-0.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93