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
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