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7 East 69th Street

Anonymous Buyer Acquires Three Townhouses On East 63rd Street For $34.5M In Lenox Hill
SOLDSingle Family

Anonymous Buyer Acquires Three Townhouses On East 63rd Street For $34.5M In Lenox Hill

7 East 69th Street

$34,500,000

$1,725/SF

Building Size

20,000 SF

Asset Type

Single Family

Closing

May 27, 2025

AI

A single-family asset located at 7 East 69th Street in the Lenox Hill market has been sold for $34,500,000. The property encompasses over 20,000 square feet, with a price per square foot of $1,725.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $34,500,000
  • Square Footage: 20,000
  • Price Per Square Foot: $1,725
  • Address: 7 East 69th Street
  • Market: Lenox Hill

The deal was represented by brokers Jed Garfield and Thomas Wexler from Leslie Garfield. An anonymous buyer acquired three adjoining 6-story townhouses on East 63rd Street with plans to convert the complex into a single-family home.

Players

Thomas Wexler

Leslie Garfield

Broker

$137.9M

vol

9 deals

Broker

New York Single Family Market Snapshot

Boundary boundary · Single Family · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.46%

Cash-on-Cash

-0.13%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93