Updated Apr 2, 2026
Holliswood Development Sells UWS Townhouse for $9.95 Million
53 West 85th Street
$9,950,000
$1,637/SF
Building Size
6,075 SF
Asset Type
Single Family Residence
Closing
Mar 9, 2026
About this deal
AI
The property involved in this transaction is a single-family residence located at 53 West 85th Street in the Upper West Side market. It has a sale price of $9,950,000 and features a square footage of 5,500, resulting in a price per square foot of $1,809.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $9,950,000
- Sale Date: 3/10/2026
- Address: 53 West 85th Street
- Market: Upper West Side
- Seller: Holliswood Development - Dana Lowey Luttway
- Brokers: Ian Slater & Patty Larocco - Compass & Cathy Taub - Sotheby's International Realty
- Square Footage: 5,500
- Price per Square Foot: $1,809
Holliswood Development, represented by Dana Lowey Luttway, remains active in the Upper West Side luxury townhouse market, identifying long-term value in strategically located assets near Central Park. Their latest single-family development is underway on West 74th Street. For any deal opportunities, please contact them at [email protected].
Players
New York Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1.6K per square foot on a published $10M for 6,075 square feet (2026).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.59%
Cash-on-Cash
-0.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93