Erez Simha Acquires Upper West Side Condo For $5.27M From Seller Benjamin Reitzes
150 Columbus Avenue, New York City, New York 10023, United States
$5,275,000
$1,990/SF
Building Size
2,650 SF
Asset Type
—
Closing
Jun 29, 2022
AI
An Upper West Side condo located at 150 Columbus Ave. has been sold for a price of $5,275,000. The property is a 2,650 square-foot asset.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $5,275,000
- Square Footage: 2,650
- Price per Square Foot: $1,990
- Address: 150 Columbus Ave., Upper West Side
The buyer of the condo is Erez Simha, while the seller is Benjamin Reitzes. The brokerage firm involved in the deal is the Corcoran Group, with Catherine Juracich representing the buyer and seller.
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
3.01%
Cash-on-Cash
-0.86%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93