Andrew W. Mellon Foundation Acquires SFR In Lenox Hill For $7.8M
146 E 62nd St, New York, NY 10065, USA
$7,800,000
$1,435/SF
Building Size
5,432 SF
Asset Type
Single Family Residence
Closing
Jun 8, 2020
AI
The property involved in this transaction is a single-family home located at 146 East 62nd St in Lenox Hill. The property spans 5,432 square feet and was sold for a price of $7,800,000. The price per square foot for this transaction is $1,435.
Summary of transaction details
- Property Type: Single-Family Home (SFR)
- Transaction Amount: $7,800,000
- Address: 146 East 62nd St
- Market: Lenox Hill
- Square Footage: 5,432
- Price per Square Foot: $1,435
In this transaction, the buyer is the Andrew W. Mellon Foundation and the seller is Christopher Cerf.
Players
New York Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.03%
Cash-on-Cash
-0.58%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93