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127 East 61st Street

Updated Sep 2, 2026

Danny Golden & Tom Ferrari Sell Vacant Townhouse At 127 East 61st Street For $5,250,000
SOLDMixed-use

Danny Golden & Tom Ferrari Sell Vacant Townhouse At 127 East 61st Street For $5,250,000

127 East 61st Street

$5,250,000

$986/SF

Building Size

5,320 SF

Asset Type

Mixed-use

Closing

Aug 21, 2026

About this deal

AI

The property involved in this transaction is a vacant townhouse located at 127 East 61st Street in the Lenox Hill market. The asset has a total square footage of 6,175 and was sold for a transaction amount of $5,250,000, which translates to a price per square foot of $850.

Summary of transaction details:

  • Property Type: Vacant Townhouse
  • Transaction Amount: $5,250,000
  • Address: 127 East 61st Street
  • Market: Lenox Hill
  • Square Footage: 6,175
  • Price per Square Foot: $850
  • Seller: Danny Golden & Tom Ferrari - F.G. Partners & 127 East 61st Property Owner LLC
  • Broker: Matthew Lesser - Leslie Garfield

This transaction involved Danny Golden and Tom Ferrari representing F.G. Partners and 127 East 61st Property Owner LLC as the sellers. The broker facilitating the sale was Matthew Lesser from Leslie Garfield.

Players

Matthew Lesser

Leslie Garfield

Broker

$579.5M

vol

40 deals

Broker

Danny Golden

F.G. Partners

Seller

$35.7M

vol

3 deals

Seller
1L
127 East 61st Property Owner LLCSeller

New York Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

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Deal FAQ

About $986 per square foot on a published $5.3M for 5,320 square feet (2026).

Visit Matthew "Matt" Lesser to view all their deals.

Browse New York mixed use sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.02%

Cash-on-Cash

-0.86%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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