Updated Jun 5, 2025
JPMorgan Chase Bank Provides $21.8M Loan For SFR At 29 East 69th Street
29 E 69th St, New York, NY 10021, USA
$21,775,000
$248/SF
Building Size
87,480 SF
Asset Type
Single Family Residence
Closing
May 6, 2020
About this deal
AI
Located at 29 East 69th Street in the Lenox Hill neighborhood, this single-family residential property (SFR) was involved in a closed transaction. The property spans 8,748 square feet and features an undisclosed number of bedrooms and bathrooms. The property was sold for an undisclosed price.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: Undisclosed
- Loan Amount: $21,775,000
- Market: Lenox Hill
- Address: 29 East 69th Street
JPMorgan Chase Bank provided a loan amounting to $21,775,000 for this transaction. The property's landlord is Highgate Hotels, represented by Mahmood Khimji and Mehdi Khimji.
On the Map
$21,775,000
$248/SF
Single Family Residence
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New York Single Family Residence Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.73%
Cash-on-Cash
-0.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93