facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Single Family Residence

/

Sale

/

224 East 62nd Street, New Y...

Douglas L Wu And Hope S Whitney Acquire Lenox Hill SFR For $7.2M
SOLDSingle Family Residence

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

Thomas Wexler

Leslie Garfield

Broker

$137.9M

vol

9 deals

Broker

New York Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

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