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156 East 62nd Street, New Y...

Caryn Ethnger-Obrien Acquires Single Family Property In Lenox Hill, Manhattan From Benjamin Nigri For $14.025M
SOLDSingle Family Residence

Caryn Ethnger-Obrien Acquires Single Family Property In Lenox Hill, Manhattan From Benjamin Nigri For $14.025M

156 East 62nd Street, New York City, New York 10065, United States

$14,025,000

$2,203/SF

Building Size

6,365 SF

Asset Type

Single Family Residence

Closing

Aug 11, 2022

AI

The single-family property located at 156 E 62nd Street in Lenox Hill, Manhattan has been sold for a total price of $14,025,000. The property has a building square footage (BSF) of 8,032, with a price per BSF (PPBSF) of $1,746. The total square footage (SF) of the property is 6,365, with a price per square foot (PPSF) of $2,203. This property has a floor area ratio (FAR) of 3.17 and falls under tax class 1. The lot size is 2,008 square feet, and it has undergone an alteration permit on 02/12/2016. The lot has dimensions of 20 feet by 100.42 feet.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $14,025,000
  • Market: Lenox Hill, Manhattan
  • Zoning: R8B
  • Buyer: Caryn Ethnger-Obrien
  • Seller: Benjamin Nigri

The buyer's representative in this deal is Caryn Ethnger-Obrien from an undisclosed agency. On the other hand, the seller is represented by Benjamin Nigri. These individuals played a significant role in the successful completion of this transaction.

Players

Benjamin Nigri

Seller

$23.3M

vol

2 deals

Seller

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

1.13%

Cash-on-Cash

-0.32%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93