Michael Stockton Acquires Residential Condo In West Village For $5.35M
SOLD
$5,350,000
New York
See Similar Deals2,050 SF
Sold 12/09/2021
SOLD
Michael Stockton Acquires Residential Condo In West Village For $5.35M
115 Christopher Street, New York City, New York 10014, United States
See Similar Deals2,050 SF
Sold 12/09/2021
Summary
NEW YORK
Price Per Square Foot:$2,609
Total Square Footage:2,050 SF
Transaction Type:Sale
Located at 115 Christopher Street in the West Village, this residential condo was recently sold in a closed transaction.
Summary of transaction details:
- Property Type: Residential Condo
- Transaction Amount: $5,350,000
- Square Footage: 2,050
- Price per Square Foot: $2,609
- Date of Sale: 12/09/2021
The buyer of this property is Michael Stockton, while the seller is Craig Clemens. Representing the buyer in this transaction were Catherine Juracich and Tom Ventura from Douglas Elliman. They played a crucial role in facilitating the deal.
With its prime location in the West Village, this residential condo offers a desirable setting for comfortable living. The transaction price of $5,350,000 reflects the value and potential of this property. Spanning 2,050 square feet, the condo provides ample space for residents to enjoy. The price per square foot is calculated at $2,609, further highlighting the appeal and quality of the residence.
Players
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$285,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$19,007.43
Cash-on-Cash Return-1.27%
Monthly Debt Service$25,361.73
Annual Debt Service$304,340.75
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