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58 West 75th Street, Manhat...

Anshul Sehgal & Shrutee Raina Acquire Upper West Side SFR For $6.95M
SOLDSingle Family Residence

Anshul Sehgal & Shrutee Raina Acquire Upper West Side SFR For $6.95M

58 West 75th Street, Manhattan, New York, NY, USA

$6,950,000

$958/SF

Building Size

7,253 SF

Asset Type

Single Family Residence

Closing

Sep 8, 2021

AI

A single-family residence located at 58 West 75 Street in the Upper West Side has been sold for $6,950,000. The property, with a zoning classification of R8B, spans 7,253 square feet and has a building square footage (BSF) of 8,172. The purchase price per square foot (PPSF) is $958.

Summary of transaction details

  • Property Type: Single-Family Residence (SFR)
  • Transaction Amount: $6,950,000
  • Address: 58 West 75 Street
  • Market: Upper West Side
  • Zoning: R8B

The buyer of the property is Anshul Sehgal and Shrutee Raina, while the seller is Jeffrey Lederman. The deal was facilitated by George Vanderploeg, Sarah Louise Beer, and Stuart Brannan from Douglas Elliman.

The property's floor area ratio (FAR) is 3.55 and is classified under tax class 1. The lot size is 2,043 square feet, with dimensions of 20 feet by 102.17 feet. The property was last sold for $9,100,000 on June 4, 2015, and has undergone an alteration permit in May 10, 2016.

Players

Sarah Louise Beer

Douglas Elliman

Broker

$7M

vol

1 deal

Broker

Jeffrey Lederman

Seller

$20M

vol

2 deals

Seller

New York Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.28%

Cash-on-Cash

-0.65%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93