Updated Dec 20, 2023
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
About this deal
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.
On the Map
$7,200,000
$2,140/SF
Single Family Residence
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Players
New York Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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About $2.1K per square foot on a published $7.2M for 3,363 square feet (2021).
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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