Updated Dec 21, 2023
Michael DeSena & Michael Bethoney Of Nest Seekers Acquire SFR In Lenox Hill For $17.3M
123 East 61st Street, New York City, New York 10065, United States
$17,300,000
$2,525/SF
Building Size
6,850 SF
Asset Type
MultiFamily
Closing
May 3, 2022
About this deal
AI
A single-family residential property located at 123 E. 61st St. in Lenox Hill has been sold for a price of $17,300,000. With a total area of 9,300 square feet, the property was sold at a price per square foot of $1,860.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $17,300,000
- Address: 123 E. 61st St.
- Market: Lenox Hill
The sale was facilitated by Michael DeSena and Michael Bethoney from Nest Seekers, representing the buyer. On the other side, the seller was represented by Chase Landow and Ryan Serhant from Serhant.
On the Map
$17,300,000
$2,525/SF
MultiFamily
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Players
New York MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.92%
Cash-on-Cash
-0.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93