New York Casas Represents Buyer In $8.4M Condo Sale At 527 West 27th St., West Chelsea
SOLD
$8,400,000
New York
See Similar Deals3,102 SF
Sold 08/10/2022
SOLD
New York Casas Represents Buyer In $8.4M Condo Sale At 527 West 27th St., West Chelsea
527 West 27th Street, New York City, New York 10001, United States
See Similar Deals3,102 SF
Sold 08/10/2022
Summary
NEW YORK
Price Per Square Foot:$2,707
Total Square Footage:3,102 SF
Transaction Type:Sale
The Condo located at 527 West 27th St., West Chelsea has been sold for a price of $8,400,000. The property spans across 3,102 square feet, resulting in a price per square foot of $2,707.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $8,400,000
- Address: 527 West 27th St., West Chelsea
- Square Footage: 3,102
- Price per Square Foot: $2,707
The buyer's representative in this deal was Yara Gouveia from New York Casas, while the seller's representative was Frances Katzen from Douglas Elliman.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$448,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$29,843.42
Cash-on-Cash Return-1.27%
Monthly Debt Service$39,820.29
Annual Debt Service$477,843.43
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