Updated Dec 21, 2023
Steven Kirkpatrick Acquires SFR In Carnegie Hill, Manhattan For $21.75M
60 East 83rd Street, New York City, New York 10028, United States
$21,750,000
$3,401/SF
Building Size
6,394 SF
Asset Type
Single Family Residence
Closing
Dec 21, 2021
About this deal
AI
A single-family residential property located at 60 East 83 Street in the Carnegie Hill neighborhood of Manhattan has been sold. The transaction took place on December 22, 2021. The property is zoned as R8B and has a lot size of 1,992 square feet. The last recorded sale of the property was on June 20, 2019, for a price of $16,750,000. The property has undergone an alteration permit on June 13, 2013.
Summary of transaction details:
- Property Type: Single-Family Residential (SFR)
- Transaction Amount: $21,750,000
- Buyer: Steven Kirkpatrick
- Seller: Andrew Ward
- Building Square Footage (BSF): 7,968
- Price per BSF (PPBSF): $2,729
- Property Square Footage (SF): 6,394
- Price per Square Foot (PPSF): $3,401
- Floor Area Ratio (FAR): 3.21
- Tax Class: 1
- Last Sale Price: $16,750,000 (06/20/2019)
- Permits: Alteration 3 (06/13/2013)
- Lot Dimension: 19.5 ft x 102.17 ft
The buyer of the property is Steven Kirkpatrick, while the seller is Andrew Ward. The property has a building square footage (BSF) of 7,968 and a price per BSF (PPBSF) of $2,729. Its total square footage (SF) is 6,394, with a price per square foot (PPSF) of $3,401. The transaction has a floor area ratio (FAR) of 3.21 and falls under tax class 1. The lot dimension of the property is 19.5 ft x 102.17 ft.
Players
New York Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $3.4K per square foot on a published $21.8M for 6,394 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.73%
Cash-on-Cash
-0.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93