Updated Dec 4, 2024
Bijan Tehrani Acquires David Rockefeller's Upper East Side Mansion For $47M
146 East 65th Street
$47,000,000
$3,760/SF
Building Size
12,500 SF
Asset Type
Single Family
Closing
Oct 25, 2023
About this deal
AI
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.
Players
New York Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Deal FAQ
About $3.8K per square foot on a published $47M for 12,500 square feet (2023).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.34%
Cash-on-Cash
-0.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93