Khajak Keledjian Sells TriBeCa Residential Condo For $14.5M
140 Franklin Street, Brooklyn, NY 11222, USA
$14,500,000
$2,889/SF
Building Size
5,019 SF
Asset Type
—
Closing
Aug 11, 2021
About this deal
AI
Located in the TriBeCa neighborhood of New York City, a residential condo at 140 Franklin Street has recently been sold. The property, spanning 5,019 square feet, offers a luxurious living space in a highly sought-after area.
Summary of transaction details
- Property Type: Residential Condo
- Transaction Amount: $14,500,000
- Address: 140 Franklin Street
- Market: TriBeCa
The seller of this residential condo was Khajak Keledjian. Represented by Lisa Balbuena and Danny Davis, both from The Corcoran Group, the seller successfully closed the deal at the impressive sale price of $14,500,000. The price per square foot for the property was calculated to be $2,889. It is worth noting that the last recorded sale of this condo took place in March 2018, with a sale price of $10,750,000.
On the Map
$14,500,000
$2,889/SF
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Deal FAQ
About $2.9K per square foot on a published $14.5M for 5,019 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.09%
Cash-on-Cash
-0.31%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93