Vikrant Patel & Lara Maric Sell Lenox Hill Condo For $5.5M
SOLD
$5,500,000
New York
See Similar Deals3,000 SF
Sold 07/14/2022
SOLD
Vikrant Patel & Lara Maric Sell Lenox Hill Condo For $5.5M
150 East 69th Street, New York City, New York 10021, United States
See Similar Deals3,000 SF
Sold 07/14/2022
Summary
NEW YORK
Price Per Square Foot:$1,833
Total Square Footage:3,000 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$293,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$19,540.35
Cash-on-Cash Return-1.27%
Monthly Debt Service$26,072.81
Annual Debt Service$312,873.67
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