Former Peloton CEO John Foley Sells West Village Townhouse For $35.5M
66 Morton Street
$35,500,000
$6,085/SF
Building Size
5,834 SF
Asset Type
Single Family
Closing
Jul 3, 2024
AI
The Single Family property located at 66 Morton Street in West Village, Manhattan was sold for $35,500,000. The 5,834 square foot red brick house was previously owned by John Foley, the former Peloton CEO, who acquired it for $15.5M in 2018. The off-market deal involved Compass representing the seller, John Foley, and Serhant representing the buyer.
Summary of transation details:
- Property Type: Single Family
- Transaction Amount: $35,500,000
- Square Footage: 5,834
- Price per Square Foot: $6,085
- Address: 66 Morton Street
- Market: West Village, Manhattan
The transaction included notable individuals such as John Foley, the previous owner of the property who sold the townhouse. The buyer's representatives were Jennifer Alese and Ryan Serhant from Serhant. On the other hand, Eric Brown and Zeve Salman from Compass acted as the seller's representatives in the deal.
Players
New York Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.45%
Cash-on-Cash
-0.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93