Updated Dec 19, 2023
Elizabeth Mangan Acquires Single Family Property In Yorkville, Manhattan From Jed H Garfield For $6.4M
514 E 87 St, New York City, New York 10128, United States
$6,325,000
$1,671/SF
Building Size
3,784 SF
Asset Type
Single Family Residence
Closing
Sep 13, 2021
About this deal
AI
The single-family property located at 510 East 89th Street in Yorkville, Manhattan has been sold in a closed transaction. The property has a lot size of 1,888 square feet with dimensions of 18.75 feet by 100.67 feet. It falls under zoning R8B and has a floor area ratio (FAR) of 1.45. The property is classified under tax class 1.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $6,400,000
- Market: Yorkville, Manhattan
- Buyer: Elizabeth Mangan
- Seller: Jed H Garfield
- Building Square Feet (BSF): 7,552
- Price per Building Square Foot (PPBSF): $847
- Lot Square Feet (SF): 2,738
- Price per Square Foot (PPSF): $2,337
- Last Sale Price: $2,525,000 (11/2/2005)
- Permits: Alteration 1 (03/06/2008)
The buyer of the property is Elizabeth Mangan, and the seller is Jed H Garfield. This closed transaction involved a total price of $6,400,000. The property has a building square footage (BSF) of 7,552 with a price per building square foot (PPBSF) of $847. The lot square footage (SF) is 2,738, with a price per square foot (PPSF) of $2,337. The property was previously sold for $2,525,000 on November 2, 2005. An alteration permit was issued on March 6, 2008.
Players
New York Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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About $1.7K per square foot on a published $6.3M for 3,784 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.51%
Cash-on-Cash
-0.72%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93