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115 Central Park West, New ...

Carmen Marc Valvo Sells Condo On Upper West Side For $8.5M
SOLD

Carmen Marc Valvo Sells Condo On Upper West Side For $8.5M

115 Central Park West, New York, NY, USA

$8,500,000

$2,522/SF

Building Size

3,370 SF

Asset Type

Closing

Sep 14, 2021

AI

Carmen Marc Valvo has sold a condo at 115 Central Park West in the Upper West Side neighborhood. The condo spans 3,370 square feet and was sold for $8,500,000, resulting in a price per square foot of $2,522.

Summary of transation details

  • Property Type: Condo
  • Transaction Amount: $8,500,000
  • Address: 115 Central Park West, Upper West Side
  • Square Footage: 3,370
  • Price Per Square Foot: $2,522

The sale was facilitated by David Adler, Deborah Grubman & Paul Albano from Corcoran, who represented Carmen Marc Valvo in the transaction.

Players

David Adler

The Corcoran Group

Broker

$8.5M

vol

1 deal

Broker

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

1.87%

Cash-on-Cash

-0.53%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93