Brad J Richter Acquires West Village Condo For $13.5M From Seller Baldo Fodera
95 Charles Street, New York City, New York 10014, United States
$13,500,000
$956/SF
Building Size
14,118 SF
Asset Type
—
Closing
Aug 29, 2022
About this deal
AI
A luxury condo in West Village, Manhattan has been sold for a staggering price of $13,500,000. Located at 95 Charles Street, the property offers a total building square footage (BSF) of 12,814 with a price per BSF (PPBSF) of $1,053. The total lot size is 3,725 square feet, with dimensions of 38.75 ft x 96.33 ft. The sale price per square foot (PPSF) stands at $956. The asset type is a condo, and the property is zoned as C1-6. Previous records show that the property was last sold on December 3, 2008, for $8,500,000. An alteration permit was issued on May 9, 2019.
Summary of transation details
- Property Type: Condo
- Transaction Amount: $13,500,000
- Market: West Village, Manhattan
- Address: 95 Charles Street
- Buyer: Brad J Richter
- Seller: Baldo Fodera
- BSF: 12,814
- PPBSF: $1,053
- SF: 14,118
- PPSF: $956
- Lot Size: 3,725
- Last Sale Price: $8,500,000 (12/03/2008)
- Permits: Alteration 2 (05/09/2019)
- Lot Dimension: 38.75 ft x 96.33 ft
Brad J Richter has acquired the property at 95 Charles Street in West Village, Manhattan from the seller Baldo Fodera. This significant transaction showcases the strong demand for luxury condos in the area and highlights the lucrative real estate market in West Village.
Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.18%
Cash-on-Cash
-0.34%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93