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138 East 74th Street, New Y...

Updated Dec 21, 2023

Patricia L. Doran Acquires 1-3 Family With Store / Office In Lenox Hill, Manhattan For $4.95M
SOLDOffice

Patricia L. Doran Acquires 1-3 Family With Store / Office In Lenox Hill, Manhattan For $4.95M

138 East 74th Street, New York City, New York 10021, United States

$4,950,000

$1,340/SF

Building Size

3,693 SF

Asset Type

Office

Closing

Aug 18, 2022

About this deal

AI

The property located at 138 East 74th Street in Lenox Hill, Manhattan has been sold. This 1-3 Family With Store/Office property has a total building size of 11,502 square feet with a price of $4,950,000. The price per square foot is $430. The property itself spans across 3,693 square feet, with a price per square foot of $1,340.

Summary of transaction details:

  • Property Type: 1-3 Family With Store/Office
  • Transaction Amount: $4,950,000
  • Market: Lenox Hill, Manhattan
  • Buyer: Patricia L. Doran
  • Seller: Angelo Vivolo
  • Building Size: 11,502 square feet
  • Price per Square Foot: $430
  • Property Size: 3,693 square feet
  • Price per Square Foot: $1,340
  • Zoning: C1-8X
  • Tax Class: 4
  • Lot Size: 1,278 square feet
  • Permits: Alteration 3 (09/26/2016)
  • Lot Dimension: 18.75 ft x 68.17 ft

The buyer, Patricia L. Doran, has acquired the property from the seller, Angelo Vivolo. The property has a Floor Area Ratio (FAR) of 2.89 and falls under tax class 4. The lot size is 1,278 square feet. Notably, an alteration permit was issued on September 26, 2016 for this property. The lot dimensions measure 18.75 feet by 68.17 feet.

Players

New York Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Deal FAQ

About $1.3K per square foot on a published $5M for 3,693 square feet (2022).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.20%

Cash-on-Cash

-0.92%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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