John Murray Acquires Commercial Property On East 64th Street In Lenox Hill, Manhattan For $71.6M
215 East 64th Street, New York City, New York 10065, United States
$71,634,308
$651/SF
Building Size
109,956 SF
Asset Type
Commercial
Closing
Apr 25, 2022
AI
The commercial property located at 215 East 64th Street in Lenox Hill, Manhattan was recently sold in a closed transaction. The property, with a lot size of 12,552 square feet and a FAR (Floor Area Ratio) of 8.76, is zoned as R8B. It is classified under tax class 4.
Summary of transaction details
- Property Type: Commercial
- Sale Price: $71,634,308
- Building Square Footage: 50,208
- Price per Building Square Footage: $1,426
- Lot Square Footage: 109,956
- Price per Square Foot: $651
John Murray acted as the buyer in this transaction, while Thomas Felderman was the seller.
The property previously obtained an alteration permit in December 2019. Its lot dimension measures 125 feet by 100.42 feet.
New York Commercial Market Snapshot
Boundary boundary · Commercial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.22%
Cash-on-Cash
-0.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93