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31 West 21st Street, New Yo...

R New York Brokers Facilitate $6.5M Sale Of Residential Condo In Flatiron
SOLD

R New York Brokers Facilitate $6.5M Sale Of Residential Condo In Flatiron

31 West 21st Street, New York City, New York 10010, United States

$6,500,000

$1,383/SF

Building Size

4,700 SF

Asset Type

Closing

Jan 5, 2022

AI

Located at 31 West 21st Street in the Flatiron District, this residential condo was recently sold in a closed transaction. The property spans across 4,700 square feet and offers a spacious living area. The sale price for this condo was $6,500,000, resulting in a price per square foot of $1,382. The transaction took place on January 5, 2022.

Summary of transaction details

  • Property Type: Residential Condo
  • Sale Price: $6,500,000
  • Square Footage: 4,700
  • Price per Square Foot: $1,382
  • Address: 31 West 21st Street, Flatiron

The deal was facilitated by Stefani Berkin and Rob Barr from R New York. They represented the parties involved in the transaction, ensuring a smooth and successful sale of the residential condo located in the highly sought-after Flatiron District. With their expertise, both buyers and sellers were able to negotiate a satisfactory deal.

Players

Stefani Berkin

R New York

Broker

$63.5M

vol

9 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

2.44%

Cash-on-Cash

-0.70%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93