Broad Street Development Sells Residential Condo At 40 Bleecker Street In NoHo For $18.9M
40 Bleeker Street, Bleecker Street, Manhattan, New York, NY, USA
$18,883,875
$4,612/SF
Building Size
4,094 SF
Asset Type
—
Closing
Jun 21, 2020
AI
Broad Street Development's Raymond Chalme and Daniel Blanco have sold the residential condominium located at @40BleeckerStreet in NoHo. The sale, which took place on 06/21/2021, was facilitated by brokers Sarah Burke, John Gomes, Fredrik Eklund, and Adam Widener of the klundGomesTeam at Douglas Elliman. The property spans 4,094 square feet and was sold for a total of $18,883,875, resulting in a price per square foot of $4,612.
Summary of transaction details
- Property Type: Resi Condo
- Transaction Amount: $18,883,875
- Address: @40BleeckerStreet (NoHo)
- Developers: Broad Street Development - Raymond Chalme & Daniel Blanco
- Brokers: Sarah Burke, John Gomes, Fredrik Eklund & Adam Widener of klundGomesTeam at Douglas Elliman
- Square Footage: 4,094
- Price Per Square Foot: $4,612
Raymond Chalme and Daniel Blanco of Broad Street Development successfully closed the sale of the residential condominium at @40BleeckerStreet in NoHo. The deal was made possible through the negotiations and representation of brokers Sarah Burke, John Gomes, Fredrik Eklund, and Adam Widener from the klundGomesTeam at Douglas Elliman. This transaction showcases the expertise and professionalism of the individuals involved in the 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
0.84%
Cash-on-Cash
-0.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93