Ethan Ridley Acquires Condo From Phillip Gesue Of Strategic Capital For $5.34M In Manhattan
110 Charlton Street & 110 Charlton Street
$5,340,000
$3,414/SF
Building Size
1,564 SF
Asset Type
Condo
Closing
May 27, 2026
AI
The property asset involved in the transaction is a condo located at 110 Charlton Street in Manhattan. The sale price for the condo was $5,340,000, encompassing a total square footage of 1,564, resulting in a price per square foot of $3,414.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $5,340,000
- Address: 110 Charlton Street
- Market: Manhattan
- Square Footage: 1,564
- Price per Square Foot: $3,414
- Buyer: Ethan Ridley
- Seller: Phillip Gesue - Strategic Capital
- Seller's Representatives: Sunanne Zhu & Brian Wilson - Alignment Realty
- Broker: Mathiew Wilson - Alignment Realty
This transaction highlights the involvement of key players in the deal, including the buyer, Ethan Ridley, and the seller, Phillip Gesue, who operates under Strategic Capital. The seller's representatives from Alignment Realty are Sunanne Zhu and Brian Wilson, while Mathiew Wilson also from Alignment Realty served as the broker facilitating the transaction.
Players
Market Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.97%
Cash-on-Cash
-0.85%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93