Hayder Karp-Hecker Acquires Lenox Hill SFR For $6M
155 East 70th Street, New York City, New York 10021, United States
$6,000,000
$1,190/SF
Building Size
5,041 SF
Asset Type
—
Closing
Feb 24, 2022
About this deal
AI
The property at 155 East 70th Street in Lenox Hill, Manhattan has been sold in a recent transaction. The single-family residential property has a lot size of 1,820 square feet and is zoned as R9X, C1-5. The building has a total square footage of 5,041 and a price per square foot of $1,190. With a building square footage of 16,380, the price per buildable square foot is $366. The property has a floor area ratio (FAR) of 2.77, and its tax class is 1. The lot dimensions measure 19.5 feet by 100.42 feet.
Summary of transaction details
- Property Type: Single-Family Residential
- Transaction Amount: $6,000,000
- Buyer: Hayder Karp-Hecker
- Seller: Allen Schifino
In this transaction, Hayder Karp-Hecker acquired the property from Allen Schifino. The sale was completed on February 25, 2022. Permits for alteration were issued on June 29, 2007.
On the Map
$6,000,000
$1,190/SF
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Players
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Deal FAQ
About $1.2K per square foot on a published $6M for 5,041 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.64%
Cash-on-Cash
-0.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93