Reggie Kronstadt Acquires Midtown East SFR From Eva Baronchuck Meyerhoff For $4.8M
308 East 50th Street, Manhattan, New York, NY, USA
$6,150,000
$1,941/SF
Building Size
3,167 SF
Asset Type
Single Family Residence
Closing
Nov 1, 2021
AI
The property located at 310 East 50th Street in Midtown East, Manhattan was sold on January 24, 2022. The single-family residence (SFR) sits on a lot size of 1,858 square feet with dimensions of 18.50 ft x 100.42 ft. The total square footage of the property is 2,466 and the price per square foot (PPSF) is $1,946. The transaction was conducted at a price of $4,800,000.
Summary of transaction details:
- Property Type: Single-Family Residence (SFR)
- Transaction Amount: $4,800,000
- Market: Midtown East, Manhattan
- Lot Size: 1,858 square feet
- Lot Dimension: 18.50 ft x 100.42 ft
Reggie Kronstadt was the buyer in this transaction, while Eva Baronchuck Meyerhoff acted as the seller.
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
2.58%
Cash-on-Cash
-0.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93