Roland & Scott Hernandez Acquire Soho Condo For $3.75M From Seller Mark Demos & Melody Rains - Mayell Real Estate
SOLD
$3,750,000
New York
See Similar Deals2,000 SF
Sold
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
See Similar Deals2,000 SF
Sold
Summary
NEW YORK
Price Per Square Foot:$1875
Total Square Footage:2000 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$199,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$13,322.96
Cash-on-Cash Return-1.27%
Monthly Debt Service$17,776.91
Annual Debt Service$213,322.96
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