Michael Stockton Acquires Residential Condo In West Village For $5.35M
115 Christopher Street, New York City, New York 10014, United States
$5,350,000
$2,609/SF
Building Size
2,050 SF
Asset Type
—
Closing
Dec 9, 2021
AI
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
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
2.97%
Cash-on-Cash
-0.85%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93