Douglas L Wu And Hope S Whitney Acquire Lenox Hill SFR For $7.2M
224 East 62nd Street, New York City, New York 10065, United States
$7,200,000
$2,140/SF
Building Size
3,363 SF
Asset Type
Single Family Residence
Closing
Sep 9, 2021
AI
The property at 224 East 62nd Street in Lenox Hill has been sold in a recent transaction. The single-family residential (SFR) property is zoned as R8B. The transaction took place on 09/10/2021.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $7,200,000
- Market: Lenox Hill
- Address: 224 East 62nd Street
- Buyer: Douglas L Wu and Hope S Whitney
- Seller: Joan G Dineen and Christopher W D Gould
- Broker: Thomas Wexler & Matthew Pravda - Leslie J. Garlfield
- Price: $7,200,000
- Building Square Footage (BSF): 7,600
- Price Per Building Square Foot (PPBSF): $947
- Property Square Footage (SF): 3,363
- Price Per Square Foot (PPSF): $2,140
- Last Sale Price: $5,100,000 (4/14/2010)
The buyers in this transaction were Douglas L Wu and Hope S Whitney. They purchased the property from Joan G Dineen and Christopher W D Gould. The broker representing both parties in the deal was Thomas Wexler & Matthew Pravda from Leslie J. Garlfield.
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
2.20%
Cash-on-Cash
-0.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93