John P McCarthy And Steve Dluzyn Acquire Multi Family Property In Lenox Hill, Manhattan
452 East 78th Street, New York, NY, USA
$4,900,000
$816/SF
Building Size
6,000 SF
Asset Type
MultiFamily
Closing
Nov 8, 2021
AI
The multi-family property located at 452 East 78th Street in Lenox Hill, Manhattan, has been sold for a total price of $4,900,000. The property is zoned as R10, C1-5 and has a floor area ratio (FAR) of 3.51. The tax class for this property is 2. The lot size is measured at 1,711 square feet, with dimensions of 25 feet by 68.42 feet. The last recorded sale of this property was on January 20, 2004, for a price of $2,407,143.
Summary of transaction details
- Property Type: Multi Family
- Sale Price: $4,900,000
- Building Square Feet: 6,000
- Price per Square Foot: $817
- Lot Size: 1,711 square feet
- Last Sale Price: $2,407,143 (1/20/2004)
The buyers in this transaction were John P McCarthy and Steve Dluzyn, while the seller was Lisa Cohn.
Players
New York MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.24%
Cash-on-Cash
-0.93%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93