Jay Newman Acquires Resi Condo At 136 Baxter Street In Little Italy, Manhattan For $2.8M With Societe Real Estate's Reps
136 Baxter Street, Manhattan, New York, NY, USA
$2,825,000
$1,693/SF
Building Size
1,668 SF
Asset Type
—
Closing
Mar 1, 2021
AI
The property involved in this closed transaction is a residential condo located at 136 Baxter Street, Little Italy, Manhattan. It was sold on 03/02/2021.
Summary of transaction details:
- Property Type: Resi Condo
- Transaction Amount: $2,825,000
- Address: 136 Baxter Street, Little Italy, Manhattan
Jay Newman purchased the property from Jacob Zand. The buyer was represented by Ohad Fisherman and Ginette Behar of Societe Real Estate. The sellers were represented by the same brokerage, @OhadFisherman & @GinetteBehar.
The property has a total area of 1,668 square feet and a price per square foot of $1,693.
Note: Ohad Fisherman & Ginette Behar are part of Societe Real Estate, a privately run bespoke real estate agency operating in South Florida and New York.
To see more pictures of the property, you can visit the Instagram accounts of the involved parties:
- @OhadFisherman
- @GinetteBehar
- @SocieteRealEstate
You can find more information on Societe Real Estate's website: www.Societerealestate.com.
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
5.62%
Cash-on-Cash
-1.60%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93