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150 East 69th Street, New Y...

Vikrant Patel & Lara Maric Sell Lenox Hill Condo For $5.5M
SOLD

Vikrant Patel & Lara Maric Sell Lenox Hill Condo For $5.5M

150 East 69th Street, New York City, New York 10021, United States

$5,500,000

$1,833/SF

Building Size

3,000 SF

Asset Type

Closing

Jul 13, 2022

AI

The property involved in this transaction is a condo located at 150 E. 69th St. in the Lenox Hill market. The sale took place on 07/14/2022 for a price of $5,500,000. The condo spans 3,000 square feet with a price per square foot of $1,833.

Summary of transaction details:

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

The brokers involved in this deal were Vikrant Patel and Lara Maric from the Bouklis Group.

Players

Vikrant Patel

Serhant

Broker

$14.4M

vol

3 deals

Broker

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

2.88%

Cash-on-Cash

-0.82%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93