232 East 63rd LLC Purchases 232 E 63rd St New York From Roth & Sons New York For $18.5M
232 E 63rd St, New York, NY, 10065
$18,500,000
$1,541/SF
Building Size
12,000 SF
Asset Type
—
Closing
Nov 20, 2023
AI
The property located at 232 E 63rd St, New York, NY, 10065, was sold for a price of $18,500,000.00. The property encompasses a total area of 12,000 square feet and is situated in the New York market.
Summary of transaction details:
- Property Type: Sale
- Transaction Amount: $18,500,000.00
- Address: 232 E 63rd St, New York, NY, 10065
- Market: New York
- Seller: Roth & Sons New York
- Buyer: 232 East 63rd LLC
- Seller's Representative: Matthew "Matt" Lesser, Leslie Garfield
The transaction involved 232 East 63rd LLC as the buyer, acquiring the property from Roth & Sons New York. Matthew "Matt" Lesser represented the seller during this transaction, facilitating the details between the two parties in the sale process.
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
0.86%
Cash-on-Cash
-0.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93