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197 East 76th Street

Ann Padden-Rubin Acquires Mixed-Use Property At 197 East 76th Street For $3,995,000
SOLDMixed-use

Ann Padden-Rubin Acquires Mixed-Use Property At 197 East 76th Street For $3,995,000

197 East 76th Street

$3,995,000

$632/SF

Building Size

6,312 SF

Asset Type

Mixed-use

Closing

Jun 17, 2026

AI

197 East 76th Street is a 6,312-square-foot mixed-use property located in Manhattan's Lenox Hill neighborhood. The property was sold for $3,995,000, translating to a price per square foot of $633.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $3,995,000
  • Address: 197 East 76th Street
  • Market: Lenox Hill, Manhattan
  • Square Footage: 6,312
  • Price per Square Foot: $633
  • Buyer: Ann Padden-Rubin
  • Seller: Gary Hett
  • Transaction Date: June 17, 2026

Ann Padden-Rubin acquired the property from Gary Hett in this transaction. The deal highlights the engagement between the buyer and seller in the Manhattan real estate market.

Players

New York Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.97%

Cash-on-Cash

-1.13%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93