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One57, West 57th Street, Ne...

Robert Herjavec Acquires Resi Condo At @One57 For $34.5M With Brokers Lei Chen, Andres Perea-Garzon & Carrie Chiang
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

$34,500,000

$5,564/SF

Building Size

6,200 SF

Asset Type

Closing

Jul 23, 2020

AI

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.

Players

Carrie Chiang

The Corcoran Group

Broker

$276.8M

vol

10 deals

Broker

New York CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.46%

Cash-on-Cash

-0.13%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93