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Alison Cayne Sells Upper East Side Single Family For $23.4M
SOLD
$23,400,000
New York
See Similar DealsSingle Family10,500 SF
Sold 02/01/2024
SOLD
Alison Cayne Sells Upper East Side Single Family For $23.4M
10 East 75th Street
See Similar DealsSingle Family10,500 SF
Sold 02/01/2024
Summary
NEW YORK
Asset Type:Single Family
Price Per Square Foot:$2,228
Total Square Footage:10,500 SF
Transaction Type:Sale
Alison Cayne, founder of Haven's Kitchen and daughter of former Bear Stearns CEO James Cayne, has sold her single-family townhouse located at 10 East 75th Street in the Upper East Side for $23.4 million. The sale marks the end of Cayne's decade-long effort to sell the property.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $23,400,000
- Address: 10 East 75th Street
- Market: Upper East Side
- Square Footage: 10,500
- Price per Square Foot: $2,229
The transaction was facilitated by John Burger of Brown Harris Stevens, who represented Alison Cayne as the seller's broker.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,248,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$83,135.26
Cash-on-Cash Return-1.27%
Monthly Debt Service$110,927.94
Annual Debt Service$1,331,135.26
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