facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Single Family

/

Sale

/

4 East 79th Street

Townhouse On Upper East Side Sold For $56 Million Represented By Serena Boardman And Susan Baker
SOLDSingle Family

Townhouse On Upper East Side Sold For $56 Million Represented By Serena Boardman And Susan Baker

4 East 79th Street

$56,000,000

Building Size

Asset Type

Single Family

Closing

Sep 12, 2024

AI

A 19th-century townhouse located at 4 East 79th Street in the Upper East Side has been sold for $56 million. This single-family asset features six bedrooms and has a complex history, having been previously owned by a businessman who was murdered in the early 20th century. The recent transaction was facilitated by the estate of its late owner, Aso Tavitian.

Summary of transation details:

Serena Boardman and Susan Baker represented the seller in this transaction. Their expertise in the real estate market significantly contributed to the successful sale of the property, showcasing the rich historical context surrounding the townhouse.

Players

Serena Boardman

Sotheby's International Realty

Broker

$138.2M

vol

6 deals

Broker

New York Single Family Market Snapshot

Boundary boundary · Single Family · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.28%

Cash-on-Cash

-0.08%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93