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Bijan Tehrani Acquires David Rockefeller's Upper East Side Mansion For $47M
SOLD
$47,000,000
New York
See Similar DealsSingle Family12,500 SF
Sold
SOLD
Bijan Tehrani Acquires David Rockefeller's Upper East Side Mansion For $47M
146 East 65th Street
See Similar DealsSingle Family12,500 SF
Sold
Summary
NEW YORK
Asset Type:Single Family
Price Per Square Foot:$3760
Total Square Footage:12500 SF
Transaction Type:Sale
Bijan Tehrani has acquired David Rockefeller's former Upper East Side mansion at 146 East 65th Street for $47 million. The single-family property spans 12,500 square feet, resulting in a price per square foot of $3,760.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $47,000,000
- Address: 146 East 65th Street
- Market: Upper East Side
- Buyer: Bijan Tehrani
- Seller: Doug Band
- Broker: Adam Modlin - Modlin Group
- Square Footage: 12,500
- Price per Square Foot: $3,760
The deal was facilitated by Adam Modlin from Modlin Group, who represented both the buyer, Bijan Tehrani, and the seller, Doug Band.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$2,506,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$166,981.07
Cash-on-Cash Return-1.27%
Monthly Debt Service$222,803.98
Annual Debt Service$2,673,647.74
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