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300 West 135th Street, Manh...

Sam Gussack Acquires Residential Condo In Harlem For $825K
SOLD

Sam Gussack Acquires Residential Condo In Harlem For $825K

300 West 135th Street, Manhattan, New York, NY, USA

$825,000

$1,222/SF

Building Size

675 SF

Asset Type

Closing

Aug 11, 2021

AI

Located at 300 West 135th Street in Central Harlem, this residential condo at Strivers Gardens was recently sold in a closed transaction. With a sale price of $825,000, the property offers a 675 square feet living space. The purchase was made by Sam Gussack, with representation from broker Joshua Brown of Pushing Forward Realty. The condo features a 1-bedroom penthouse layout and boasts a price per square foot of $1,222.

Summary of transaction details

  • Property Type: Residential Condo
  • Transaction Amount: $825,000
  • Market: Harlem
  • Address: 300 West 135th Street
  • Buyer: Sam Gussack
  • Broker: Joshua Brown - @PushingForwardNYC
  • Asking Price: $865,000
  • Square Footage: 675
  • Price per Square Foot: $1,222

Strivers Gardens, a well-known residential condo development in Harlem, is now home to this 1-bedroom penthouse. With a living space of 675 square feet, the condo was sold for $825,000, at a price per square foot of $1,222. The transaction was facilitated by broker Joshua Brown from Pushing Forward Realty who represented the buyer, Sam Gussack. Strivers Gardens is a sought-after location, offering a central Harlem address and close proximity to various amenities and attractions.

Players

Joshua Brown

Pushing Forward Development

Broker

$15.2M

vol

14 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

19.23%

Cash-on-Cash

-5.50%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93