Beni Metsch Acquires Co-op In Gramercy Park, NYC For $2.15M
SOLD
$2,150,000
New York
See Similar DealsCo-Op1,600 SF
Sold 04/27/2023
SOLD
Beni Metsch Acquires Co-op In Gramercy Park, NYC For $2.15M
34 Gramercy Park East
See Similar DealsCo-Op1,600 SF
Sold 04/27/2023
Summary
NEW YORK
Asset Type:Co-Op
Price Per Square Foot:$1,343
Total Square Footage:1,600 SF
Transaction Type:Sale
A co-op located at 34 Gramercy Park East in Gramercy Park, New York City has been sold. The property, spanning 1,600 square feet, was sold for $2,150,000. The co-op features an asking price of $2,495,000, resulting in a price per square foot of $1,344.
Summary of transaction details
- Property Type: Co-op
- Transaction Amount: $2,150,000
- Date: 04/27/2023
- 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
- Square Footage: 1,600
- Price per Square Foot: $1,344
The buyer's representative for this transaction was Bernardo "Beni" Metsch, while Lynne Lerner acted as the seller's representative. The seller of the property was Louis R. Hagood.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$114,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,638.49
Cash-on-Cash Return-1.27%
Monthly Debt Service$10,192.10
Annual Debt Service$122,305.16
Is there something missing? Send suggestions