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

Property Image
SOLD
$4,650,000
Alexander Boriskin
Michael Lorber
+ 1

New York

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Single Family Residence4,650,000 SF
Sold 02/24/2022
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Property Image
SOLD

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

See Similar Deals
Single Family Residence4,650,000 SF
Sold 02/24/2022
Alexander Boriskin
Michael Lorber
+ 1
Contact now

Summary

NEW YORK
Asset Type:Single Family Residence
Price Per Square Foot:$1
Total Square Footage:4,650,000 SF
Transaction Type:Sale

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
38 deals$262.5M volume
BROKER

Alexander Boriskin
Douglas Elliman
37 deals$242M volume
BROKER

Rueben Schatz
Douglas Elliman
1 deal$4.7M volume
BROKER


4 deals$21.5M volume
SELLER

Details

SOLD
IMAGE: Rueben Schatz, Alexander Boriskin & Michael Lorber DATE: 02/24/2022 ADDRESS: 500 East 83rd Street MARKET: Yorkville ASSET TYPE: SFR BUYER: Calogera Schuchman SELLER: Steven Williams SELLER’S REP: Rueben Schatz (@Rueben.Schatz), Alexander Boriskin (@AlexanderBoriskin) & Michael Lorber (@MichaelLorber) - Douglas Elliman SALE PRICE: $4,650,000

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$16,520.47
Cash-on-Cash Return-1.27%
Monthly Debt Service$22,043.37
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