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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.

On the Map

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$12,500,000

$3,776/SF

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Players

Matteo Rignanese

R New York

Broker

$12.5M

vol

1 deal

Broker
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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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