Updated Dec 19, 2023
Andrew Cutler Acquires Gayfryd D Steinberg's Lenox Hill SFR For $11.6M
46 East 73rd Street, Manhattan, New York, NY, USA
$11,600,000
$1,715/SF
Building Size
6,762 SF
Asset Type
Single Family Residence
Closing
Jun 24, 2021
About this deal
AI
The property involved in this transaction is a single-family home located at 46 East 73rd Street in Lenox Hill, Manhattan. It is zoned as R8B, LH-1A. The sale took place on June 25, 2021, and the buyer was Andrew Cutler, while the seller was Gayfryd D Steinberg. The transaction price for the property was $11,600,000.
Summary of transaction details
- Property Type: Single-Family Home
- Transaction Amount: $11,600,000
- Market: Lenox Hill, Manhattan
- Asset Type: SFR
- Zoning: R8B, LH-1A
The property has a total building square footage of 8,172, with a price per buildable square foot (PPBSF) of $1,419. The lot size is 2,043 square feet, with dimensions of 20 ft x 102.17 ft. The total interior square footage of the property is 6,762, and the price per square foot (PPSF) is $1,715. The floor area ratio (FAR) for the property is 3.31, and the tax class is 1.
Players
New York Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1.7K per square foot on a published $11.6M for 6,762 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.37%
Cash-on-Cash
-0.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93