Kenneth Langone, Elaine Langone & Bruce Langone Buy Mixed-use Property At 121 East 83rd Street For $10.8M
121 East 83rd Street
$10,800,000
$1,384/SF
Building Size
7,800 SF
Asset Type
Mixed-use
Closing
Oct 13, 2026
About this deal
AI
A 7,800-square-foot mixed-use townhouse located at 121 East 83rd Street in the Upper East Side was sold for $10.8 million, aligning with the seller's most recent asking price.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $10,800,000
- Address: 121 East 83rd Street
- Market: Upper East Side
- Price per Square Foot: $1,385
- Buyer: Kenneth Langone, Elaine Langone & Bruce Langone
- Seller: Carl Fischer Photography
- Brokers: Jed Garfield, Caylyn Sullivan, Lydia Rosengarten & Kalli Meagher - Leslie Garfield
The transaction involved notable individuals including Kenneth Langone, Elaine Langone, and Bruce Langone as buyers, with Carl Fischer Photography acting as the seller. The brokers facilitating this deal were Jed Garfield, Caylyn Sullivan, Lydia Rosengarten, and Kalli Meagher from Leslie Garfield.
On the Map
$10,800,000
$1,384/SF
Mixed-use
View full map
Players
New York Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
Loading comparables…
Deal FAQ
Visit Lydia Rosengarten 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
1.47%
Cash-on-Cash
-0.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93