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115 Christopher Street, New...

Michael Stockton Acquires Residential Condo In West Village For $5.35M
SOLD

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

Catherine Juracich

The Corcoran Group

Broker

$131.7M

vol

10 deals

Broker
Douglas Elliman
Douglas EllimanBrokerage

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