Updated Dec 21, 2023
Fuzhong Zheng Acquires Single Family Property In Lenox Hill, Manhattan For $7.3M
234 East 61st Street, New York City, New York 10065, United States
$7,287,500
$1,584/SF
Building Size
4,598 SF
Asset Type
Single Family Residence
Closing
Feb 2, 2022
About this deal
AI
The single-family property located at 234 East 61st Street in Lenox Hill, Manhattan has been sold in a transaction. The property, with a total square footage of 4,598, was purchased for a price of $7,287,500. The building has a buildable square footage (BSF) of 8,032 and a price per buildable square footage (PPBSF) of $907. The price per square foot (PPSF) for the property is $1,584. The lot size is 2,008 square feet and the lot dimensions are 20 ft x 100.42 ft. The property has a floor area ratio (FAR) of 2.29 and falls under tax class 1. The last sale of the property took place on July 24, 2006, for a price of $7,900,000, and there was an alteration permit issued on June 13, 2006.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $7,287,500
- Market: Lenox Hill, Manhattan
- Zoning: R8B
The buyer in this transaction is Fuzhong Zheng, while the seller is Vasiliki Angelis.
Please note that no additional information was provided regarding the deal's key individuals or any other companies involved in the transaction.
Players
New York Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1.6K per square foot on a published $7.3M for 4,598 square feet (2022).
Browse New York single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.18%
Cash-on-Cash
-0.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93