Bouklis Group Represents $5.5M Sale Of Lenox Hill Condo At 150 E. 69th St
150 E. 69th St.
Building Size
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Asset Type
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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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Deal FAQ
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