SOLD
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
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.
Players
New York CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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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