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235 W 75th St, New York, NY...

José Manuel Calderón Borrallo Acquires Residential Condo On Upper West Side For $5M
SOLD

José Manuel Calderón Borrallo Acquires Residential Condo On Upper West Side For $5M

235 W 75th St, New York, NY 10023, USA

$5,000,000

$2,055/SF

Building Size

2,432 SF

Asset Type

Closing

Aug 9, 2020

AI

A residential condo located at 235 West 75th Street in the Upper West Side has been sold for $5,000,000. The property spans 2,432 square feet, resulting in a price per square foot of $2,117.

Summary of transaction details

  • Property Type: Residential Condo
  • Transaction Amount: $5,000,000
  • Address: 235 West 75th Street
  • Market: Upper West Side

The buyer of the property is José Manuel Calderón Borrallo. The development was undertaken by HFZ Capital Group. Janne Douglas, from Douglas Elliman, represented José Manuel Calderón Borrallo in this transaction.

Players

Joanne Douglas

Douglas Elliman

Broker

$40.2M

vol

2 deals

Broker

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

3.17%

Cash-on-Cash

-0.91%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93