Dominique Ansel Acquires Residential Condo In Gramercy Park For $2.8M
SOLD
$2,800,000
California
See Similar Deals1,400 SF
Sold 06/12/2020
SOLD
Dominique Ansel Acquires Residential Condo In Gramercy Park For $2.8M
121 E 22nd St, New York, Ny 10010, Usa
See Similar Deals1,400 SF
Sold 06/12/2020
Summary
CALIFORNIA
Price Per Square Foot:$2,000
Total Square Footage:1,400 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$149,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$9,947.82
Cash-on-Cash Return-1.27%
Monthly Debt Service$13,273.43
Annual Debt Service$159,281.14
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