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Harlem

Julia Fox & Richie Shazam Khan Acquire Harlem Townhouse For $2.9M
SOLDSingle Family

Julia Fox & Richie Shazam Khan Acquire Harlem Townhouse For $2.9M

Harlem

$2,900,000

$604/SF

Building Size

4,800 SF

Asset Type

Single Family

Closing

May 2, 2023

AI

Actress Julia Fox and her friend Richie Shazam Khan have purchased a four-story townhouse in Harlem for $2.9 million. The single-family property spans 4,800 square feet and is located in Manhattan. The townhouse was initially listed for $3.65 million in September and experienced three price cuts before the sale.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $2,900,000
  • Square Footage: 4,800
  • Price per Square Foot: $604
  • Market: Manhattan

Julia Fox and Richie Shazam Khan were represented by Esther Kogan from Compass in the transaction. Stefani Berkin from R New York acted as the seller's representative. The sale price of $2.9 million indicates that the townhouse was initially overpriced, as acknowledged by Stefani Berkin. The property went through three price cuts before ultimately being sold to Julia Fox and Richie Shazam Khan.

Players

Stefani Berkin

R New York

Broker

$63.5M

vol

9 deals

Broker

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

5.47%

Cash-on-Cash

-1.56%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93