Naftali Singer Acquires Condo At 2211 Broadway In New York For $12.5M
2211 Broadway
Building Size
—
Asset Type
—
Closing
Sep 15, 2022
About this deal
AI
Located at 2211 Broadway in New York, this condo was sold in a recent transaction. The property spans 7,600 square feet, with a sale price of $12,500,000, resulting in a price per square foot of $1,644. The buyer of the condo was Naftali Singer. Representing the buyer in the deal was A. Bouskila. Ryan Serhant from Serhant served as the broker in this transaction.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $12,500,000
- Address: 2211 Broadway, New York
- Market: New York
Naftali Singer, the buyer of this condo, is associated with Singer Capital LLC, which is currently active and looking for multifamily properties in New York, New Jersey, and South Florida. It's worth noting that A. Bouskila represented the buyer in this particular condo transaction.
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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93