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129 East 73rd Street

Douglas Elliman Represents Buyer's Reps Corey Shuster, Arthur Maglio & Ibrahim Guldiken In $26.5M Lenox Hill SFR Sale With Seller's Rep Adam Modlin
SOLDSingle Family

Douglas Elliman Represents Buyer's Reps Corey Shuster, Arthur Maglio & Ibrahim Guldiken In $26.5M Lenox Hill SFR Sale With Seller's Rep Adam Modlin

129 East 73rd Street

$26,500,000

$2,208/SF

Building Size

12,000 SF

Asset Type

Single Family

Closing

Sep 22, 2023

AI

Located in Lenox Hill, Manhattan, the property at 129 East 73rd Street recently changed hands in a sale transaction. The single-family residence spans approximately 12,000 square feet and was sold for a price of $26,500,000. With a price per square foot of $2,208, this property showcases its allure in the upscale market of Lenox Hill.

Summary of transaction details:

  • Property Type: Single-Family Residence
  • Transaction Amount: $26,500,000
  • Square Footage: 12,000
  • Address: 129 East 73rd Street
  • Market: Lenox Hill, Manhattan

Corey Shuster, Arthur Maglio, and Ibrahim Guldiken of Douglas Elliman represented the buyer's side in the deal, while Adam Modlin of Modlin Group served as the seller's representative. This collaboration among real estate professionals played a vital role in the successful transaction, showcasing their expertise and negotiation skills.

Players

Adam Modlin

Modlin Group

Broker

$1B

vol

30 deals

Broker

Market Single Family Market Snapshot

Boundary boundary · Single Family · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.60%

Cash-on-Cash

-0.17%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93