Compass Sells Condo In Manhattan's Flatiron For $5.24M
35 West 15th Street, New York City, New York 10011, United States
$5,240,000
$2,301/SF
Building Size
2,277 SF
Asset Type
—
Closing
Feb 1, 2022
About this deal
AI
A condominium unit located at 35 W. 15th St. in the Flatiron neighborhood of Manhattan has been sold. The property, measuring 2,277 square feet, was sold for a total of $5,240,000. This equates to a price per square foot of $2,301.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $5,240,000
- Address: 35 W. 15th St., Manhattan, Flatiron
- Size: 2,277 square feet
- Price per Square Foot: $2,301
The sale was facilitated by Maria Belen Avellaneda of Compass. As the broker representing the transaction, Maria Belen Avellaneda played a crucial role in connecting the buyer and seller, ensuring a smooth and successful transaction.
Players
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
3.03%
Cash-on-Cash
-0.87%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93