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15 Broad Street, Manhattan,...

Nicole Fishman & Dustin Crouse Facilitate $2.48M Sale Of Condo On 15 Broad Street
SOLD

Nicole Fishman & Dustin Crouse Facilitate $2.48M Sale Of Condo On 15 Broad Street

15 Broad Street, Manhattan, New York, NY, USA

$2,480,000

$1,117/SF

Building Size

2,220 SF

Asset Type

Closing

Jun 27, 2021

AI

15 Broad Street in the Financial District recently underwent a closed condominium sale transaction. The property is a 2,220 square foot condo located in a building with a C5-5, LM zoning. The transaction took place on June 28, 2021, with the buyer being represented by Nicole Fishman from Nestapple, and the seller being represented by Dustin Crouse from Christie's.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $2,480,000
  • Address: 15 Broad Street, Financial District
  • Square Footage: 2,220
  • Price per Square Foot: $1,117
  • Asking Price: $2,650,000
  • Lot Size: 39,846
  • Lot Dimensions: 261.33 ft x 185.19 ft
  • FAR: 20.35
  • Tax Class: 2

Nicole Fishman from Nestapple represented the buyer in this transaction, while Dustin Crouse from Christie's represented the seller. The deal closed at a sale price of $2,480,000. The property offers attractive features such as its prime location in the Financial District and its spacious 2,220 square feet. This successful transaction highlights the expertise and professionalism of both buyer's and seller's representatives in bringing the deal to fruition.

Players

Nicole Fishman

Broker

$2.5M

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

6.40%

Cash-on-Cash

-1.83%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93