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206 West 104th Street, New ...

Updated Oct 28, 2024

Solil Management Leases Condo At 206 West 104th Street In Manhattan With City Wide Apartments' Ari Wilford
LEASED

Solil Management Leases Condo At 206 West 104th Street In Manhattan With City Wide Apartments' Ari Wilford

206 West 104th Street, New York City, New York 10025, United States

Building Size

Asset Type

Closing

Aug 21, 2022

About this deal

AI

Located at 206 West 104th Street in Manhattan, this condo unit has recently been leased. The property is managed by Solil Management, and the leasing transaction was facilitated by broker Ari Wilford from City Wide Apartments. The asking rent for this unit was $1,725 per month.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: N/A
  • Address: 206 West 104th Street
  • Market: Manhattan
  • Landlord: Solil Management
  • Broker: Ari Wilford - City Wide Apartments
  • Asking Rent: $1,725/month

This lease deal showcases the involvement of Solil Management as the landlord and Ari Wilford from City Wide Apartments as the broker. The transaction successfully closed with a monthly rent of $1,725.

Players

Solil Management
Solil ManagementLandlord

New York CRE Market Snapshot

Boundary boundary · CRE · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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