RNewYorkBrokers Facilitates $12.5M Sale Of Flatiron Residential Condo
SOLD
$12,500,000
New York
See Similar Deals3,310 SF
Sold 06/18/2020
SOLD
RNewYorkBrokers Facilitates $12.5M Sale Of Flatiron Residential Condo
23 East 22nd Street, New York, NY 10010
See Similar Deals3,310 SF
Sold 06/18/2020
Summary
NEW YORK
Price Per Square Foot:$3,776
Total Square Footage:3,310 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$666,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$44,409.85
Cash-on-Cash Return-1.27%
Monthly Debt Service$59,256.38
Annual Debt Service$711,076.53
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