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500 East 83rd Street, New Y...

Calogera Schuchman Acquires SFR In Yorkville From Steven Williams In $4.65M Deal
SOLDSingle Family Residence

Calogera Schuchman Acquires SFR In Yorkville From Steven Williams In $4.65M Deal

500 East 83rd Street, New York City, New York 10028, United States

$4,650,000

$1/SF

Building Size

4,650,000 SF

Asset Type

Single Family Residence

Closing

Feb 23, 2022

AI

The single-family home located at 500 East 83rd Street in Yorkville has been sold for a price of $4,650,000. The buyers of the property are Calogera Schuchman, while the sellers are Steven Williams. The sale was facilitated by the representatives Rueben Schatz, Alexander Boriskin, and Michael Lorber of Douglas Elliman.

Summary of transation details

  • Property Type: Single-Family Home
  • Transaction Amount: $4,650,000
  • Address: 500 East 83rd Street, Yorkville

Rueben Schatz, Alexander Boriskin, and Michael Lorber of Douglas Elliman played a crucial role in the transaction as the seller's representatives. They ensured a smooth and successful sale between Calogera Schuchman and Steven Williams.

Players

Michael Lorber

Douglas Elliman

Broker

$262.5M

vol

38 deals

Broker

Steven Williams

Seller

$21.5M

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

3.41%

Cash-on-Cash

-0.97%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93