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Ronnie Wexler Buys Lenox Hill Condo At 40 East 66th Street For $14M From Jason Capello
SOLD
New York
See Similar DealsCondo4,900 SF
Sold 12/22/2025
SOLD
Ronnie Wexler Buys Lenox Hill Condo At 40 East 66th Street For $14M From Jason Capello
40 East 66th Street
See Similar DealsCondo4,900 SF
Sold 12/22/2025
Summary
NEW YORK
Asset Type:Condo
Price Per Square Foot:$2,857
Total Square Footage:4,900 SF
Transaction Type:Sale
A 4,900-square-foot condo located at 40 East 66th Street has been sold for $14,000,000 in the Lenox Hill market. The unit features six bedrooms and six-and-a-half baths and was previously listed at $18.5 million in September 2024.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $14,000,000
- Sale Date: 12/22/2025
- Buyer: Ronnie Wexler
- Seller: Jason Capello
- Brokers: Carrie Chiang & Andres Perea-Garzon - The Corcoran Group
- Square Footage: 4,900
- Price Per Square Foot: $2,857
The seller, Jason Capello, is associated with a hedge fund and the buyer, Ronnie Wexler, is a Barclays executive operating through an LLC for the purchase. The transaction was facilitated by brokers Carrie Chiang and Andres Perea-Garzon from The Corcoran Group.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$746,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$49,739.05
Cash-on-Cash Return-1.27%
Monthly Debt Service$66,367.14
Annual Debt Service$796,405.71
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