Majib Jan Acquires Condo In Financial District For $775K
120 Greenwich Street, New York City, New York 10006, United States
$775,000
$1,107/SF
Building Size
700 SF
Asset Type
—
Closing
Feb 27, 2022
About this deal
AI
Located in the Financial District of New York City, a recently closed condo transaction took place at 120 Greenwich Street. The property, spanning 700 square feet, was sold for a total of $775,000, resulting in a price per square foot of $1,107.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $775,000
- Address: 120 Greenwich Street
- Market: Financial District
The buyer in this sale was Majib Jan, while the seller was Monica Swendsrud. Facilitating the transaction was Benjamin Mayell from Mayell Real Estate, who represented both parties as the broker involved in the deal.
New York CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Deal FAQ
About $1.1K per square foot on a published $775K for 700 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
20.47%
Cash-on-Cash
-5.85%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93