Jonathan Cheban Sells NoMad Condo For $2.5M With Neal Klotsman As The Broker
NoMad, Manhattan, New York, NY, USA
$2,500,000
$1,550/SF
Building Size
1,612 SF
Asset Type
—
Closing
Nov 10, 2021
About this deal
AI
Neal Klotsman and Jonathan Cheban recently closed a condo sale in the NoMad market. The property, spanning 1,612 square feet, was sold at a price of $2,500,000, resulting in a price per square foot of $1,550.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $2,500,000
- Square Footage: 1,612
- Price per Square Foot: $1,550
Jonathan Cheban served as the seller in this transaction, while Neal Klotsman of Douglas Elliman represented him as his broker.
The commercial sale at NoMad, Manhattan, New York, NY, USA in New York, New York sold for $2.5M in 2021. The building is 1,612 square feet, implying about 1.6K per square foot on the published price. Neal Klotsman, Douglas Elliman appear on the sale alongside Douglas Elliman. This page is the New York, New York file for the NoMad, Manhattan, New York, NY, USA commercial sold: pricing, party profiles, and other closed commercial comps from the same New York sit in the Market section below. Filter that New York commercial set by closing date to see what else sold near NoMad, Manhattan, New York, NY, USA around 2021. Published consideration for NoMad, Manhattan, New York, NY, USA is $2.5M, dated 2021. Cite this Jonathan Cheban Sells NoMad Condo For $2.5M With Neal Klotsman As The Broker sale when underwriting similar commercial product around New York, New York.
On the Map
$2,500,000
$1,550/SF
View full map
Players
New York CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
Loading comparables…
Deal FAQ
About $1.6K per square foot on a published $2.5M for 1,612 square feet (2021).
Visit Neal Klotsman to view all their deals.
Browse New York sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.35%
Cash-on-Cash
-1.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93