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5 East 63rd Street, New Yor...

Updated Dec 20, 2023

Paolo Mario Giacometti Sells 10-Unit Multifamily In Lenox Hill For $15.5M
SOLDMultiFamily

Paolo Mario Giacometti Sells 10-Unit Multifamily In Lenox Hill For $15.5M

5 East 63rd Street, New York City, New York 10065, United States

$15,500,000

$1,305/SF

Building Size

11,875 SF

Asset Type

MultiFamily

Closing

Jul 27, 2022

About this deal

AI

The property at 5 East 63rd Street in Lenox Hill has been sold in a multifamily transaction. The sale took place on 08/04/2022.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $15,500,000
  • Units: 10
  • Price per Unit: $1,550,000
  • Square Footage: 11,875
  • Price per Square Foot: $1,305

The seller of the property was Paolo Mario Giacometti.

The multifamily sale at 5 East 63rd Street, New York City, New York 10065, United States in New York, New York sold for $15.5M in 2022. Reported inventory is 11,875 square feet across 10 units, or about 1.3K per square foot. Named participants on the 5 East 63rd Street, New York City, New York 10065, United States sale are Paolo Mario Giacometti. This page is the New York, New York file for the 5 East 63rd Street, New York City, New York 10065, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same New York sit in the Market section below. Filter that New York multifamily set by closing date to see what else sold near 5 East 63rd Street, New York City, New York 10065, United States around 2022. Published consideration for 5 East 63rd Street, New York City, New York 10065, United States is $15.5M, dated 2022. Cite this Paolo Mario Giacometti Sells 10-Unit Multifamily In Lenox Hill For $15.5M sale when underwriting similar multifamily product around New York, New York.

Players

Paolo Mario Giacometti

Seller

$27M

vol

2 deals

Seller

New York MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $1.3K per square foot on a published $15.5M for 11,875 square feet (2022).

Visit Paolo Mario Giacometti to view all their deals.

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.02%

Cash-on-Cash

-0.29%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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