Updated Dec 19, 2023
Kevin Dong Acquires Carnegie Hill SFR For $5.4M
162 E 93rd St, Manhattan, New York, NY, USA
$5,400,000
$1,451/SF
Building Size
3,721 SF
Asset Type
Single Family Residence
Closing
Mar 23, 2021
About this deal
AI
Located in Carnegie Hill, the property at 162 E. 93rd St. recently changed hands in a sale transaction. The single-family residence (SFR) sits on a lot with R8B zoning. The transaction took place on March 24, 2021, and involved the buyer, Kevin Dong, and the seller, Sharon Hubregsen. The property spans a total of 3,721 square feet, with a price per square foot of $1,451. The selling price for the property was $5,400,000, representing a decrease from its previous sale price of $5,750,000 in April 2007.
Summary of transaction details
- Property Type: Single-Family Residence
- Transaction Amount: $5,400,000
- Address: 162 E. 93rd St.
- Market: Carnegie Hill
- Zoning: R8B
- Buyer: Kevin Dong
- Seller: Sharon Hubregsen
- Square Footage: 3,721
- Price per Square Foot: $1,451
- Last sale price: $5,750,000 (04/2007)
The buyer in this transaction was represented by their broker, Kevin Dong's REP. On the other hand, Sharon Hubregsen was represented by their own broker. The sale of this property presents a significant investment opportunity in the sought-after Carnegie Hill neighborhood.
Players
New York Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1.5K per square foot on a published $5.4M for 3,721 square feet (2021).
Browse New York single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.94%
Cash-on-Cash
-0.84%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93