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150 E. 69th St.

Updated Dec 18, 2023

Bouklis Group Represents $5.5M Sale Of Lenox Hill Condo At 150 E. 69th St
SOLD

Bouklis Group Represents $5.5M Sale Of Lenox Hill Condo At 150 E. 69th St

150 E. 69th St.

Building Size

Asset Type

Closing

Jul 14, 2022

About this deal

AI

The recently closed property transaction at 150 E. 69th St. in Lenox Hill is a notable addition to the condo market. The property, with a total area of 3,000 square feet, was sold for $5,500,000, resulting in a price per square foot of $1,833. This sale represents a significant investment in the area and highlights the demand for luxury condominiums in Lenox Hill.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $5,500,000
  • Market: Lenox Hill
  • Address: 150 E. 69th St.

The sale of this property was facilitated by Vikrant Patel and Lara Maric of the Bouklis Group. As experienced brokers in the industry, their expertise and negotiation skills played a crucial role in the successful completion of this transaction. Their dedication and market knowledge ensured a seamless process for both the buyer and seller.

@laramaric

Players

New York CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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