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565 Broome Street, Manhatta...

Douglas Elliman Represents Buyer And Seller In $4.995M Sale Of SoHo Residential Condo
SOLD

Douglas Elliman Represents Buyer And Seller In $4.995M Sale Of SoHo Residential Condo

565 Broome Street, Manhattan, New York, NY, USA

$4,995,000

$2,453/SF

Building Size

2,036 SF

Asset Type

Closing

Sep 28, 2021

AI

Located at 565 Broome Street in SoHo, this residential condo was recently sold for $4,995,000. The property spans 2,036 square feet, resulting in a price per square foot of $2,453. The sale of this condo was facilitated by Aysegul Demir and Alexa Polachi from Douglas Elliman, representing the buyer, and Luca Paci from Luca Paci Real Estate, representing the seller.

Summary of transaction details

  • Property Type: Residential Condo
  • Transaction Amount: $4,995,000
  • Square Footage: 2,036
  • Price per Square Foot: $2,453
  • Address: 565 Broome Street, SoHo
  • Buyer's Representative: Aysegul Demir & Alexa Polachi - Douglas Elliman
  • Seller's Representative: Luca Paci - Luca Paci Real Estate

Aysegul Demir and Alexa Polachi from Douglas Elliman represented the buyer in this transaction, while Luca Paci from Luca Paci Real Estate represented the seller. The involvement of these key individuals and companies highlights the expertise they brought to the deal, ensuring a successful sale for both parties.

Players

Aysegul Demir

Douglas Elliman

Broker

$42.7M

vol

3 deals

Broker

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

3.18%

Cash-on-Cash

-0.91%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93