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95 Charles Street, New York...

Updated Dec 22, 2023

Brad J Richter Acquires West Village Condo For $13.5M From Seller Baldo Fodera
SOLD

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

New York CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Deal FAQ

About $956 per square foot on a published $13.5M for 14,118 square feet (2022).

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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

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