Steve Hafner Sells Chelsea Condo For $23.5M With Noble Black - Douglas Elliman
212 West 18th Street, New York City, New York 10011, United States
$23,500,000
$6,080/SF
Building Size
3,865 SF
Asset Type
—
Closing
Dec 14, 2021
AI
The property involved in this transaction is a condominium located at 212 W. 18th St., Chelsea. It has a total area of 4,871 square feet. The sale of this condo was completed on December 15, 2021.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $23,500,000
- Price per Square Foot: $4,824
- Seller: Steve Hafner
- Broker: Noble Black - Douglas Elliman
Steve Hafner served as the seller in this transaction, while the broker representing him was Noble Black from Douglas Elliman. The sale price for the condo was $23,500,000, with a price per square foot of $4,824.
Players
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
0.68%
Cash-on-Cash
-0.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93