Constantine Kalogiannis Acquires Residential Condo In Murray Hill For $6.2M
695 1st Ave, Manhattan, New York 10016, United States
$6,200,000
$2,077/SF
Building Size
2,984 SF
Asset Type
—
Closing
Nov 2, 2021
About this deal
AI
A residential condo at 695 First Avenue, Murray Hill, was recently sold for $6,200,000. The property has a total area of 2,984 square feet, with a price per square foot of $2,077. The sale took place on November 2, 2021.
Summary of transaction details
- Property Type: Residential Condo
- Transaction Amount: $6,200,000
- Address: 695 First Avenue, Murray Hill
- Square Footage: 2,984 sqft
- Buyer: Constantine Kalogiannis
- Seller: Solow Building Company
- Brokers: Alexander Boriskin & Michael Lorber - Douglas Elliman
Constantine Kalogiannis purchased the residential condo from the Solow Building Company. The deal was facilitated by brokers Alexander Boriskin and Michael Lorber from Douglas Elliman.
Players
New York CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Deal FAQ
About $2.1K per square foot on a published $6.2M for 2,984 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.56%
Cash-on-Cash
-0.73%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93