Lydia Rosengarten, Jed Garfield & Thomas Wexler Of Leslie Garfield Broker Sale Of Office At 34 East 67th Street For $7.5M
34 East 67th Street
$7,500,000
$934/SF
Building Size
8,022 SF
Asset Type
Office
Closing
Jun 30, 2025
AI
The property asset involved in the transaction is a 7-unit office building located at 34 East 67th Street in the Lenox Hill market of Manhattan. The sale price for the property was $7,500,000, resulting in a price per unit of $1,071,428. The total square footage of the building is 8,022, corresponding to a price per square foot of $934. Notably, this limestone townhouse, which is 20 feet wide, features an elevator and was constructed in 1878.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $7,500,000
- Units: 7
- Price per Unit: $1,071,428
- Total Square Footage: 8,022
- Price per Square Foot: $934
The brokers representing the deal were Lydia Rosengarten, Thomas Wexler, and Jed Garfield from Leslie Garfield. A note from the broker indicated that the sale was successfully closed and highlighted the distinguished nature of the townhouse.
Players
New York Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.12%
Cash-on-Cash
-0.60%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93