Bruce Solomon Sells Chelsea Condo For $3.7M With Brokers Daniel Machover & Edward Poplawski Of Elegran Real Estate
465 West 23rd Street, Manhattan, New York, NY, USA
$3,744,396
$1,440/SF
Building Size
2,600 SF
Asset Type
—
Closing
Aug 3, 2021
About this deal
AI
Located at 465 West 23rd Street in Chelsea, this transaction involved the sale of a condo. The property spans approximately 2,600 square feet, with a sale price of $3,744,396. The price per square foot comes out to $1,440.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $3,744,396
Bruce Solomon was the seller in this deal, and he was represented by Daniel Machover and Edward Poplawski from Elegran Real Estate.
The commercial sale at 465 West 23rd Street, Manhattan, New York, NY, USA in New York, New York sold for $3.7M in 2021. The building is 2,600 square feet, implying about 1.4K per square foot on the published price. Daniel Machover, Edward Poplawski, Elegran Real Estate appear on the sale alongside Elegran Real Estate. This page is the New York, New York file for the 465 West 23rd Street, Manhattan, New York, NY, USA commercial sold: pricing, party profiles, and other closed commercial comps from the same New York sit in the Market section below. Filter that New York commercial set by closing date to see what else sold near 465 West 23rd Street, Manhattan, New York, NY, USA around 2021. Published consideration for 465 West 23rd Street, Manhattan, New York, NY, USA is $3.7M, dated 2021. Cite this Bruce Solomon Sells Chelsea Condo For $3.7M With Brokers Daniel Machover & Edward Poplawski Of Elegran Real Estate sale when underwriting similar commercial product around New York, New York.
Players
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Deal FAQ
About $1.4K per square foot on a published $3.7M for 2,600 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.24%
Cash-on-Cash
-1.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93