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23 East 22nd Street, New Yo...

Updated Dec 19, 2023

RNewYorkBrokers Facilitates $12.5M Sale Of Flatiron Residential Condo
SOLD

RNewYorkBrokers Facilitates $12.5M Sale Of Flatiron Residential Condo

23 East 22nd Street, New York, NY 10010

$12,500,000

$3,776/SF

Building Size

3,310 SF

Asset Type

Closing

Jun 18, 2020

About this deal

AI

Located at 23 East 22nd Street in the Flatiron district, this residential condo was recently sold for a total of $12,500,000. The property offers 3,310 square feet of living space, resulting in a price per square foot of $3,776. This transaction took place on June 18, 2021.

Summary of transaction details:

  • Property Type: Residential Condo
  • Transaction Amount: $12,500,000
  • Address: 23 East 22nd Street, Flatiron
  • Square Footage: 3,310
  • Price per Square Foot: $3,776

The deal was facilitated by Matteo Rignanese, a representative from R New York Brokers.

Players

Matteo Rignanese

R New York

Broker

$12.5M

vol

1 deal

Broker

New York CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Deal FAQ

About $3.8K per square foot on a published $12.5M for 3,310 square feet (2020).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.27%

Cash-on-Cash

-0.36%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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