SOLDCondo
JDS Sells Condo At 111 West 57th St, Midtown Manhattan For $7.8M
111 West 57th Street
$7,800,000
$2,206/SF
Building Size
3,535 SF
Asset Type
Condo
Closing
May 28, 2024
AI
The condo located at 111 West 57th Street in Midtown Manhattan was sold for $7,800,000. The property spans approximately 3,535 square feet.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $7,800,000
- Asset Type: Condo
- Seller: JDS
- Broker: Lenny Sporn - Sporn Group LLC
- SF: 3,535
The sale was facilitated by Lenny Sporn from Sporn Group LLC, representing the seller, JDS.
Players
New York Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.03%
Cash-on-Cash
-0.58%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93