Gary Hemming & Sidney Hemming Acquire UWS Resi Co-op For $1.325M
245 West 104th Street, Manhattan, New York, NY, USA
$1,325,000
$1,325/SF
Building Size
1,000 SF
Asset Type
—
Closing
Jul 27, 2020
About this deal
AI
Richard Nassimi and Mei Sandy Cheng worked together to sell a residential co-op unit located at 245 West 104th Street in the Upper West Side neighborhood. The property was sold on July 27, 2021.
Summary of transaction details
- Property Type: Residential co-op
- Transaction Amount: $1,325,000
- Address: 245 West 104th Street, UWS
- Square Footage: 1,000
- Price per Square Foot: $1,325
Gary Hemming and Sidney Hemming were the buyers who acquired the property from Ken Gruen. Richard Nassimi and Mei Sandy Cheng represented the buyers in this transaction, facilitating the sale.
On the Map
$1,325,000
$1,325/SF
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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
11.97%
Cash-on-Cash
-3.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93