Bmrd II LLC Acquires Condo At 220 Central Park South, Midtown For $27.4M
220 Central Park South, Manhattan, New York, NY, USA
$27,407,138
$9,006/SF
Building Size
3,043 SF
Asset Type
—
Closing
Oct 25, 2021
AI
Located at 220 Central Park South in Midtown, this recently closed property transaction involved the sale of a condo. The seller, Steven Roth & Haim Chera of Vornado Realty Trust, successfully sold the property to the buyer, Bmrd II LLC.
Summary of transaction details
- Property Type: Condo
- Sale Price: $27,407,138
- Square Footage: 3,043
- Price Per Square Foot: $9,006
- Transaction Date: 10/26/2021
- Address: 220 Central Park South, Midtown
With a sale price of $27,407,138 and a total square footage of 3,043, this condo at 220 Central Park South offers an attractive investment opportunity. The sale, facilitated by Bmrd II LLC as the buyer and Steven Roth & Haim Chera of Vornado Realty Trust as the seller's representatives, showcases the demand for high-end properties in the Midtown area.
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
0.58%
Cash-on-Cash
-0.17%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93