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34 East 67th Street

Lydia Rosengarten, Jed Garfield & Thomas Wexler Of Leslie Garfield Broker Sale Of Office At 34 East 67th Street For $7.5M
SOLDOffice

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

Thomas Wexler

Leslie Garfield

Broker

$137.9M

vol

9 deals

Broker
Leslie Garfield
Leslie GarfieldBrokerage

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