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14 East 4th Street, New Yor...

Ammar Khalid Acquires NoHo Condo For $3.05M With Buyer's Rep Daniel Jayson & Ryan Kaplan And Seller's Rep Jason Blue
SOLD

Ammar Khalid Acquires NoHo Condo For $3.05M With Buyer's Rep Daniel Jayson & Ryan Kaplan And Seller's Rep Jason Blue

14 East 4th Street, New York City, New York 10012, United States

$3,050,000

$1,413/SF

Building Size

2,158 SF

Asset Type

Closing

Mar 20, 2022

AI

A condo located at 14 E. 4th St., in NoHo has been sold for $3,050,000. The property spans a total of 2,158 square feet, resulting in a price per square foot of $1,413. The transaction took place on March 21, 2022.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $3,050,000
  • Address: 14 E. 4th St., NoHo
  • Square Footage: 2,158 SF
  • Price per Square Foot: $1,413

The buyer of the property is Ammar Khalid, while Richard King is the seller. The buyer was represented by Daniel Jayson and Ryan Kaplan from The Eklund Gomes Team at Douglas Elliman. On the other hand, Jason Blue from The Blue Team at Compass represented the seller. These individuals played a crucial role in facilitating the successful completion of the deal.

Players

Jason Blue

Compass

Broker

$3.1M

vol

1 deal

Broker

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

5.20%

Cash-on-Cash

-1.49%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93