Bernardo Beni Metsch Acquires Co-op In Gramercy Park, New York City For $2.15M
34 Gramercy Park East
$2,150,000
$1,343/SF
Building Size
1,600 SF
Asset Type
Co-Op
Closing
Apr 27, 2023
About this deal
AI
Located at 34 Gramercy Park East in Gramercy Park, New York City, this co-op property was recently sold in a closed transaction. The property spans 1,600 square feet and was sold at a price of $2,150,000, resulting in a price per square foot of $1,344.
Summary of transaction details
- Property Type: Co-op
- Transaction Amount: $2,150,000
- Square Footage: 1,600
- Address: 34 Gramercy Park East, Gramercy Park, New York City
- Buyer's Representative: Bernardo "Beni" Metsch
- Seller's Representative: Lynne Lerner
- Seller: Louis R. Hagood
- Asking Price: $2,495,000
- Price per Square Foot: $1,344
Bernardo "Beni" Metsch represented the buyer, while Lynne Lerner acted as the seller's representative in this transaction.
Players
Market Co-Op Market Snapshot
Boundary boundary · Co-Op · Sale transactions
Loading comparables…
Deal FAQ
Visit Louis R. Hagood to view all their deals.
Browse New York co op sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.38%
Cash-on-Cash
-2.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93