Adam Pally Acquires SFR In Harlem, Manhattan For $3.15M
519 West 141st Street, New York City, New York 10031, United States
$3,150,000
$820/SF
Building Size
3,838 SF
Asset Type
Single Family Residence
Closing
Dec 20, 2021
AI
A single-family residential property located at 519 West 141 Street in Harlem, Manhattan has been sold on December 21, 2021. The property, which is zoned as R6A, spans a total of 1,599 square feet in terms of lot size. The building on the property has a total square footage of 3,838 and a building square footage (BSF) of 4,797. The price for this transaction was $3,150,000, resulting in a price per square foot (PPSF) of $820. The buyer of the property is Adam Pally, while the seller is Jude Bernard. The last recorded sale of this property was on June 15, 2017, for a price of $1,320,000.
Summary of transaction details
- Property Type: Single-Family Residential (SFR)
- Transaction Amount: $3,150,000
- Market: Harlem, Manhattan
- Zoning: R6A
- Buyer: Adam Pally
- Seller: Jude Bernard
- Building Square Footage (BSF): 4,797
- Price per Square Foot (PPSF): $820
- Lot Size: 1,599
- Last Sale Price: $1,320,000 (6/15/2017)
It is worth noting that an alteration permit (Alteration 2) was issued for this property on September 5, 2017. The dimensions of the lot are 16 feet (width) by 99.92 feet (depth). The property falls under Tax Class 1 and has a floor area ratio (FAR) of 2.40.
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
5.04%
Cash-on-Cash
-1.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93