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200 East 21st Street, Manha...

Urban Real Estate Inc. Acquires Residential Condo In Gramercy For $4.95M
SOLD

Urban Real Estate Inc. Acquires Residential Condo In Gramercy For $4.95M

200 East 21st Street, Manhattan, New York, NY, USA

$4,950,000

$1,303/SF

Building Size

3,797 SF

Asset Type

Closing

Jun 21, 2020

AI

A residential condo located at 200 East 21st Street in the Gramercy market was recently sold. The property, spanning 2,033 square feet, was sold for a price of $4,950,000, resulting in a price per square foot of $2,434. The transaction took place on 06/21/2021. The asking price for the condo was $5,375,000.

Summary of transaction details

  • Property Type: Residential Condo
  • Transaction Amount: $4,950,000
  • Address: 200 East 21st Street
  • Market: Gramercy

The buyer of the condo was represented by Nicole Finkel and Drew Sheftel from Urban Real Estate Inc. On the other hand, Glenn Davis, Justin Tuinstra, and David Alex Andrejko from Douglas Elliman represented the seller in the transaction.

Players

Nicole Finkel

Broker

$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

3.20%

Cash-on-Cash

-0.92%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93