Constantine Kalogiannis Acquires Residential Condo In Murray Hill For $6.2M
SOLD
$6,200,000
New York
See Similar Deals2,984 SF
Sold 11/02/2021
SOLD
Constantine Kalogiannis Acquires Residential Condo In Murray Hill For $6.2M
695 1st Ave, Manhattan, New York 10016, United States
See Similar Deals2,984 SF
Sold 11/02/2021
Summary
NEW YORK
Price Per Square Foot:$2,077
Total Square Footage:2,984 SF
Transaction Type:Sale
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
SELLER
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$330,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$22,027.28
Cash-on-Cash Return-1.27%
Monthly Debt Service$29,391.16
Annual Debt Service$352,693.96
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