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163 East 78th Street, New Y...

Updated Dec 21, 2023

Malda Nadi Hibri And Robert Gregory Eisner Acquire Lenox Hill City Residence For $11M
SOLDOther

Malda Nadi Hibri And Robert Gregory Eisner Acquire Lenox Hill City Residence For $11M

163 East 78th Street, New York, NY, USA

$11,000,000

$1,940/SF

Building Size

5,670 SF

Asset Type

Other

Closing

Jun 29, 2021

About this deal

AI

The property at 163 East 78th Street, located in Lenox Hill, Manhattan, has been sold in a recent transaction. This city residence, classified as a One Family (A4) under the R8B zoning category, offers a spacious living area of 5,670 square feet. The property was purchased by Malda Nadi Hibri and Robert Gregory Eisner from the seller, Thomas S Hexner, for a price of $11,000,000. With a price per square foot (PPSF) of approximately $1940, this transaction highlights the value of this desirable residence in the Lenox Hill market.

Summary of transaction details:

  • Property Type: City Residence One Family (A4) ~ R8B
  • Transaction Amount: $11,000,000
  • Address: 163 East 78th Street
  • Market: Lenox Hill, Manhattan
  • Buyer: Malda Nadi Hibri and Robert Gregory Eisner
  • Seller: Thomas S Hexner
  • Square Footage: 5,670
  • Price Per Square Foot (PPSF): $1940

This transaction involved the buyer, Malda Nadi Hibri, and Robert Gregory Eisner, who acquired the property from the seller, Thomas S Hexner. The property's previous sale occurred on April 16, 1997, with no recorded sale price available. The completion of this recent transaction reflects the continued demand and activity in the Lenox Hill real estate market.

Players

New York Other Market Snapshot

Boundary boundary · Other · Sale transactions

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Deal FAQ

About $1.9K per square foot on a published $11M for 5,670 square feet (2021).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.44%

Cash-on-Cash

-0.41%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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