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
$8,400,000
$2,707/SF
Building Size
3,102 SF
Asset Type
—
Closing
Aug 9, 2022
AI
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.
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
1.89%
Cash-on-Cash
-0.54%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93