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