Zayn Malik Acquires Condo Unit (PH) In Soho For $10.69M From AION Partners
63 Greene St, New York, NY 10012, USA
Building Size
35,970 SF
Asset Type
—
Closing
Mar 12, 2018
About this deal
AI
Located at 63 Greene Street in the heart of Soho, this property is a remarkable Condo Unit (PH) spanning 3,597 square feet. The unit was sold for $10,690,000, equivalent to a price per square foot of $2,972. The transaction was closed on March 13, 2018.
Summary of transaction details
- Property Type: Condo Unit (PH)
- Transaction Amount: $10,690,000
- Square Footage: 3,597 sf
- Price Per Square Foot: $2,972
- Address: 63 Greene Street, New York
- Market: Soho
The seller of this luxurious property is AION Partners, represented by Michael Betancourt and Siraj Dadabhoy. On the other hand, the buyer is Zayn Malik, the renowned singer and former boyfriend of @GigiHadid.
Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93