$32M West Village Residential Condo Sale By St. Andre Team (SELLER'S REP) & Alexander Team (BUYER'S REP)
SOLD
$32,000,000
New York
See Similar DealsSold 12/23/2021
SOLD
$32M West Village Residential Condo Sale By St. Andre Team (SELLER'S REP) & Alexander Team (BUYER'S REP)
17 Jane St, Manhattan, New York 10014, United States
See Similar DealsSold 12/23/2021
Summary
NEW YORK
Transaction Type:Sale
A residential condo located at 17 Jane Street in the West Village has been sold for a total price of $32,000,000. The property, which is part of a condominium building, was successfully transacted on December 23, 2021. This transaction involved the following individuals: Oren Alexander, Tal Alexander, and Jim St. Andre.
Summary of transaction details
- Property Type: Residential Condo
- Transaction Amount: $32,000,000
- Address: 17 Jane Street, West Village
Representing the seller was Jim St. Andre from the St. Andre Team at Compass. On the buyer's side, Tal Alexander and Oren Alexander from the Alexander Team at Douglas Elliman secured the deal. These real estate professionals played a crucial role in facilitating the successful transaction of the residential condo.
Players
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,706,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$113,689.24
Cash-on-Cash Return-1.27%
Monthly Debt Service$151,696.33
Annual Debt Service$1,820,355.91
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