Updated Oct 28, 2024
Kirsh Family Acquires 37 West 70th Street, Lincoln Square SFR For $14.5M
37 West 70th Street, Manhattan, New York, NY, USA
$14,500,000
$2,215/SF
Building Size
6,546 SF
Asset Type
Single Family Residence
Closing
Jul 14, 2021
About this deal
AI
The property at 37 West 70th Street in Lincoln Square has been sold for a price of $14,500,000. The single-family residential (SFR) property has a zoning of R8B. It spans across 6,546 square feet, with a price per square foot of $2,215. The building has a total square footage (BSF) of 8,032 and a price per BSF of $1,805. The lot size is 2,008 square feet. The property's floor area ratio (FAR) is 3.26, and it falls under tax class 1.
Summary of transaction details
- Asset Type: SFR
- Sale Price: $14,500,000
- Address: 37 West 70th Street
- Market: Lincoln Square
- Zoning: R8B
- Square Footage: 6,546
- Price Per Square Foot: $2,215
- BSF: 8,032
- Price Per BSF: $1,805
- Lot Size: 2,008
- FAR: 3.26
- Tax Class: 1
The buyer of the property is the Kirsh family, while the seller is Chopin Partners LLC. The last recorded sale of the property was on August 7, 2015, for a price of $16,350,000. The property has also undergone an alteration type 2 permit on March 19, 2009. The lot dimensions are 20 feet by 100.42 feet.
Players
New York Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $2.2K per square foot on a published $14.5M for 6,546 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.09%
Cash-on-Cash
-0.31%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93