Constantine Caloganis Acquires Condo At 30 East 29th Street In New York City For $6.1M
30 East 29th Street
$6,100,000
$3,683/SF
Building Size
1,656 SF
Asset Type
Co-Op
Closing
Nov 24, 2022
About this deal
AI
A condo located at 30 East 29th Street in New York City has been sold in a recent transaction. The property, with a total area of 1,656 square feet, was purchased by Constantine Caloganis. The seller of the condo was Rockefeller Group Development. The deal was facilitated by brokers Alexander Boriskin and Michael Lorber from Douglas Elliman. The transaction price for the condo was $6,100,000, resulting in a price per square foot of $3,684.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $6,100,000
- Address: 30 East 29th Street
- Market: New York City
Alexander Boriskin and Michael Lorber, representing Douglas Elliman, played crucial roles as brokers in this transaction. Their expertise and negotiation skills helped facilitate the successful purchase of the property by Constantine Caloganis.
On the Map
$6,100,000
$3,683/SF
Co-Op
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Players
New York City Co-Op Market Snapshot
Boundary boundary · Co-Op · Sale transactions
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Deal FAQ
About $3.7K per square foot on a published $6.1M for 1,656 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.60%
Cash-on-Cash
-0.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93