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100 Greene Street, New York...

Updated Dec 21, 2023

Roland & Scott Hernandez Acquire Soho Condo For $3.75M From Seller Mark Demos & Melody Rains - Mayell Real Estate
SOLD

Roland & Scott Hernandez Acquire Soho Condo For $3.75M From Seller Mark Demos & Melody Rains - Mayell Real Estate

100 Greene Street, New York City, New York 10012, United States

$3,750,000

$1,875/SF

Building Size

2,000 SF

Asset Type

Closing

Jun 23, 2022

About this deal

AI

The condo located at 100 Greene St., Soho was recently sold for a total price of $3,750,000. The property spans over 2,000 square feet, resulting in a price per square foot of $1,875. The sale took place on June 24, 2022, and was facilitated by Benjamin Mayell and Sal Carillo from Mayell Real Estate, who represented the buyer and seller respectively.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $3,750,000
  • Square Footage: 2,000
  • Price per Square Foot: $1,875
  • Address: 100 Greene St., Soho

Roland Hernandez and Scott Hernandez were the buyers, while Mark Demos and Melody Rains were the sellers. Benjamin Mayell and Sal Carillo represented the respective parties in the transaction, acting as brokers from Mayell Real Estate.

Players

Benjamin Mayell

Mayell Real Estate

Broker

$30.3M

vol

18 deals

Broker

New York CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Deal FAQ

About $1.9K per square foot on a published $3.8M for 2,000 square feet (2022).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.23%

Cash-on-Cash

-1.21%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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