Erez Simha Acquires Upper West Side Condo For $5.27M From Seller Benjamin Reitzes
SOLD
$5,275,000
New York
See Similar Deals2,650 SF
Sold 06/30/2022
SOLD
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
See Similar Deals2,650 SF
Sold 06/30/2022
Summary
NEW YORK
Price Per Square Foot:$1,990
Total Square Footage:2,650 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$281,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$18,740.97
Cash-on-Cash Return-1.27%
Monthly Debt Service$25,006.19
Annual Debt Service$300,074.29
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