Peter Brant Acquires Carnegie Hill SFR For $19.9M From Seller Lucy Clark Dougherty & Scott Bessent
69 East 93rd Street, New York City, New York 10128, United States
$19,999,990
$2,875/SF
Building Size
6,955 SF
Asset Type
Single Family Residence
Closing
Jan 17, 2022
AI
Located in the prestigious Carnegie Hill neighborhood of Manhattan, this single-family residence spans across two addresses: 67 East 93 Street & 69 East 93rd St. The property, with a lot size of 2,215 square feet and dimensions of 22 ft x 100.67 ft, is zoned R8B. A notable feature of this property is its floor area ratio (FAR) of 3.14, allowing for additional development potential.
Summary of Transaction Details
- Property Type: Single-Family Residence
- Transaction Amount: $19,999,990
- Buyer: Peter Brant
- Seller: Lucy Clark Dougherty & Scott Bessent
- Building Square Footage: 6,955
- Price per Square Foot: $2,875
- Total Building Square Footage (BSF): 19,028
- Price per Buildable Square Foot (PPBSF): $1,051
Peter Brant, as the buyer, successfully acquired this impressive property. The transaction was completed on January 18, 2022. The property, classified as tax class 1, underwent an alteration permit on May 5, 2016, marked as Alteration 3. The purchase price of $19,999,990 reflects the value of this exclusive residence located in the highly sought-after Carnegie Hill market.
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
0.79%
Cash-on-Cash
-0.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93