Serhant Represents Buyer In $3.1M Condo Sale In South Harlem
SOLD
$3,125,000
New York
See Similar DealsSold 10/03/2022
SOLD
Serhant Represents Buyer In $3.1M Condo Sale In South Harlem
285 W 110th St #3g New York, NY 10026, USA
See Similar DealsSold 10/03/2022
Summary
NEW YORK
Transaction Type:Sale
The South Harlem condo located at 285 West 110th Street has been sold for a total price of $3,125,000. The property, a condominium, was involved in a closed transaction.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $3,125,000
The buyer's representative in this deal was Marzena Wawrzaszek from Serhant, while the seller's representatives were Steve Gold and Scott Hernandez from Corcoran Group.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$166,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$11,102.46
Cash-on-Cash Return-1.27%
Monthly Debt Service$14,814.09
Annual Debt Service$177,769.13
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