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308 East 50th Street, Manha...

Reggie Kronstadt Acquires Midtown East SFR From Eva Baronchuck Meyerhoff For $4.8M
SOLDSingle Family Residence

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

Reggie Kronstadt

Buyer

$71M

vol

5 deals

Buyer

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