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Manhattan

Mindy Kaling Sells Manhattan Condo For $2.4M With Buyer's Rep Spencer Nauman & Seller's Rep Carl Gambino & Reilly Adler
SOLDCondo

Mindy Kaling Sells Manhattan Condo For $2.4M With Buyer's Rep Spencer Nauman & Seller's Rep Carl Gambino & Reilly Adler

Manhattan

$2,400,000

$2,058/SF

Building Size

1,166 SF

Asset Type

Condo

Closing

Apr 25, 2023

AI

Mindy Kaling, the screenwriting actress and producer, recently sold her two-bedroom condo in Manhattan. The sale price of the condo was $2,400,000, with a total square footage of 1,166. Mindy Kaling had listed the property for $2.75 million for a period of seven months before finalizing the sale.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $2,400,000
  • Square Footage: 1,166
  • Price per Square Foot: $2,058

Spencer Nauman from The Agency represented the buyer in this transaction, while Carl Gambino & Reilly Adler from Compass represented Mindy Kaling as the seller. The deal was successfully completed on 04/25/2023. It is worth noting that Mindy Kaling had purchased the condo in 2017 for $3.1 million, buying it through a trust named after a character from the hit film "You've Got Mail."

Players

Carl Gambino

Compass

Broker

$476.3M

vol

39 deals

Broker

Mindy Kaling

Seller

$11.9M

vol

2 deals

Seller

Market Condo Market Snapshot

Boundary boundary · Condo · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.61%

Cash-on-Cash

-1.89%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93