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146 East End Avenue, Manhat...

Joseph I Jemal Acquires SFR In Yorkville For $6.3M Via James Morgan - Compass
SOLDSingle Family Residence

Joseph I Jemal Acquires SFR In Yorkville For $6.3M Via James Morgan - Compass

146 East End Avenue, Manhattan, New York, NY, USA

$5,400,000

$2,142/SF

Building Size

2,520 SF

Asset Type

Single Family Residence

Closing

Oct 24, 2021

AI

A single-family home located at 514 East 87 Street in Yorkville has been sold for $6,325,000. The property has a total square footage of 3,784, with a price per square foot of $1,673. The building has a base floor area of 4,600 square feet, resulting in a price per base floor square foot of $1,375. The lot size is 1,150 square feet, with dimensions measuring 18 ft x 63.39 ft. The property falls under the R8B zoning category and has a floor area ratio (FAR) of 3.29. It is classified under tax class 1.

Summary of transation details

  • Property Type: Single-Family Home (SFR)
  • Transaction Amount: $6,325,000

The buyer of the property is Joseph I Jemal, while the seller is Debra Powell. James Morgan from Compass served as the broker in the deal.

NOTE: The previous sale of the property took place on April 22, 2013, at a price of $4,750,000. Additionally, an alteration permit was issued on December 12, 2013, for the property.

Players

Joseph L. Jemal

ICER Properties

Broker

$598.7M

vol

36 deals

Broker
Joseph L. Jemal

Joseph L. Jemal

The Jemstone Group

Buyer

$598.7M

vol

36 deals

Buyer

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

2.94%

Cash-on-Cash

-0.84%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93