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
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