Updated Oct 25, 2024
Dominique Ansel Acquires Residential Condo In Gramercy Park For $2.8M
121 E 22nd St, New York, Ny 10010, Usa
$2,800,000
$2,000/SF
Building Size
1,400 SF
Asset Type
—
Closing
Jun 11, 2020
About this deal
AI
The residential condo located at 121 E. 22nd St. in Gramercy Park has been sold for $2,800,000. Spanning across 1,400 square feet, the property was sold at a rate of $2,000 per square foot.
Summary of transaction details:
- Property Type: Residential Condo
- Transaction Amount: $2,800,000
- Address: 121 E. 22nd St.
- Market: Gramercy Park
The buyer of the property is Dominique Ansel, while Toll Brothers City Living represented the seller, Toll Brothers.
The commercial sale at 121 E 22nd St, New York, Ny 10010, Usa in New York, California sold for $2.8M in 2020. The building is 1,400 square feet, implying about 2K per square foot on the published price. Named participants on the 121 E 22nd St, New York, Ny 10010, Usa sale are Dominique Ansel. This page is the New York, California file for the 121 E 22nd St, New York, Ny 10010, Usa commercial sold: pricing, party profiles, and other closed commercial comps from the same New York sit in the Market section below. Filter that New York commercial set by closing date to see what else sold near 121 E 22nd St, New York, Ny 10010, Usa around 2020. Published consideration for 121 E 22nd St, New York, Ny 10010, Usa is $2.8M, dated 2020. Cite this Dominique Ansel Acquires Residential Condo In Gramercy Park For $2.8M sale when underwriting similar commercial product around New York, California.
On the Map
$2,800,000
$2,000/SF
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Players
New York CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Deal FAQ
About $2K per square foot on a published $2.8M for 1,400 square feet (2020).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.67%
Cash-on-Cash
-1.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93