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285 W 110th St #3g New York...

Serhant Represents Buyer In $3.1M Condo Sale In South Harlem
SOLD

Serhant Represents Buyer In $3.1M Condo Sale In South Harlem

285 W 110th St #3g New York, NY 10026, USA

$3,125,000

Building Size

Asset Type

Closing

Oct 2, 2022

AI

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.

Players

Steve Gold

The Corcoran Group

Broker

$54.7M

vol

5 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

5.08%

Cash-on-Cash

-1.45%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93