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255 East 77th Street

SOLDCondo

Laurent And Nicole Groll Acquire Condo At 255 East 77th Street For $8.9M From Miki Naftali

255 East 77th Street

$8,900,000

$2,966/SF

Building Size

3,000 SF

Asset Type

Condo

Closing

Aug 21, 2026

AI

A condo located at 255 East 77th Street in Lenox Hill was sold for $8,900,000. The asset encompasses 3,000 square feet, with a price per square foot calculated at $2,967.

Summary of transaction details:

The transaction involved the Naftali Group selling a sponsor unit within the building, facilitating the acquisition by buyers Laurent and Nicole Groll.

Players

Alexa Lambert

Compass

Broker

$275.2M

vol

10 deals

Broker
Miki Naftali

Miki Naftali

Naftali Group

Seller

$4B

vol

36 deals

Seller

New York Condo Market Snapshot

Boundary boundary · Condo · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.78%

Cash-on-Cash

-0.51%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93