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69 East 93rd Street, New Yo...

Peter Brant Acquires Carnegie Hill SFR For $19.9M From Seller Lucy Clark Dougherty & Scott Bessent
SOLDSingle Family Residence

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

Peter Brant

Buyer

$66.7M

vol

2 deals

Buyer

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