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
About this deal
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
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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