Robert Herjavec Acquires Resi Condo At @One57 For $34.5M With Brokers Lei Chen, Andres Perea-Garzon & Carrie Chiang
SOLD
$34,500,000
+ 1
New York
See Similar Deals6,200 SF
Sold 07/23/2020
SOLD
Robert Herjavec Acquires Resi Condo At @One57 For $34.5M With Brokers Lei Chen, Andres Perea-Garzon & Carrie Chiang
One57, West 57th Street, New York, NY, USA
See Similar Deals6,200 SF
Sold 07/23/2020
+ 1
Summary
NEW YORK
Price Per Square Foot:$5,564
Total Square Footage:6,200 SF
Transaction Type:Sale
Lei Chen, Robert Herjavec, Andres Perea-Garzon, and Carrie Chiang were involved in a recent closed property transaction at @One57 in Billionaire’s Row. The property in question is a residential condominium, developed by EXTELL. The sale took place on 07/23/2021.
Summary of transaction details
- Property Type: Resi Condo
- Transaction Amount: $34,500,000
- Square Footage: 6,200 SF
- Price per Square Foot: $5,564
- Market: Billionaire’s Row
Robert Herjavec, known as @RobertHerjavec, emerged as the buyer in the transaction. The deal was facilitated by the brokers Lei Chen, Andres Perea-Garzon, and Carrie Chiang from The Corcoran Group.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,840,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$122,571.21
Cash-on-Cash Return-1.27%
Monthly Debt Service$163,547.60
Annual Debt Service$1,962,571.21
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