Updated Dec 21, 2023
Jean L Chou Acquires 208 East 62nd Street In Lenox Hill, Manhattan For $7.15M
208 East 62nd Street, Manhattan, New York, NY, USA
$7,150,000
$1,650/SF
Building Size
4,331 SF
Asset Type
Single Family Residence
Closing
Jul 15, 2021
About this deal
AI
A single-family residential property located at 208 East 62nd Street in the Lenox Hill neighborhood of Manhattan has been sold. The transaction took place on July 16, 2021. The property is zoned as R8B, and it has a total square footage (BSF) of 7,532. The price for the property was $7,150,000, resulting in a price per square foot (PPSF) of $949. The lot size is 1,883 square feet, with dimensions of 18.75 feet by 100.42 feet. The property falls under tax class 1 and has a floor area ratio (FAR) of 2.30. There was an alteration permit issued for the property on April 2, 2001.
Summary of transation details
- Property Type: Single-Family Residential (SFR)
- Transaction Amount: $7,150,000
- Buyer: Jean L Chou
- Seller: Carter Pottash
- Market: Lenox Hill, Manhattan
The buyer in this transaction is Jean L Chou, while Carter Pottash served as the seller. The buyer was represented by their own broker, and no additional information regarding brokerage details or financing is available.
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
2.22%
Cash-on-Cash
-0.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93