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24 East 73rd Street, New Yo...

Steven Gautier-Winther Acquires Lenox Hill Multifamily In $9.3M Deal
SOLDMultiFamily

Steven Gautier-Winther Acquires Lenox Hill Multifamily In $9.3M Deal

24 East 73rd Street, New York City, New York 10021, United States

$9,300,000

$6,453/SF

Building Size

1,441 SF

Asset Type

MultiFamily

Closing

Aug 4, 2022

AI

The asset involved in this transaction is a multifamily property located at 24 East 73rd Street in the Lenox Hill market. The sale date was on 08/05/2022, and the property was sold for $9,300,000. This multifamily asset consists of 7 units, with a price per unit of $1,328,571. The total square footage of the property is 7,206, resulting in a price per square foot of $1,290.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $9,300,000
  • Address: 24 East 73rd Street
  • Market: Lenox Hill
  • Units: 7
  • Price Per Unit: $1,328,571
  • Total Square Footage: 7,206
  • Price Per Square Foot: $1,290
  • Buyer: Steven Gautier-Winther
  • Seller: Magdalene Casola

In this transaction, Steven Gautier-Winther acted as the buyer acquiring the property from seller Magdalene Casola. The transaction was represented by the respective parties involved in the deal without any additional representation details provided.

Players

Steven Gautier-Winther

Winther Investment, Inc.

Broker

$128.5M

vol

9 deals

Broker

Steven Gautier-Winther

Willowick Properties

Buyer

$128.5M

vol

9 deals

Buyer

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

1.71%

Cash-on-Cash

-0.49%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93