Jed H. Garfield Sells Upper East Side Condo For $6.4M
SOLD
$6,400,000
New York
See Similar DealsSingle Family Residence2,738 SF
Sold 06/07/2022
SOLD
Jed H. Garfield Sells Upper East Side Condo For $6.4M
510 East 89th Street, New York City, New York 10128, United States
See Similar DealsSingle Family Residence2,738 SF
Sold 06/07/2022
Summary
NEW YORK
Asset Type:Single Family Residence
Price Per Square Foot:$2,337
Total Square Footage:2,738 SF
Transaction Type:Sale
A condo located at 510 East 89th Street in the Upper East Side of New York City was recently sold for $6,400,000. The transaction took place on June 7, 2022.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $6,400,000
- Address: 510 East 89th Street
- Market: Upper East Side
Jed H. Garfield was the seller in this transaction. Lydia Rosengarten from Leslie J. Garfield represented the buyer as the broker.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$341,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$22,737.86
Cash-on-Cash Return-1.27%
Monthly Debt Service$30,339.27
Annual Debt Service$364,071.18
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