JDS Sells Condo At 111 West 57th St, Midtown Manhattan For $7.8M
SOLD
$7,800,000
New York
See Similar DealsCondo3,535 SF
Sold 05/28/2024
SOLD
JDS Sells Condo At 111 West 57th St, Midtown Manhattan For $7.8M
111 West 57th Street
See Similar DealsCondo3,535 SF
Sold 05/28/2024
Summary
NEW YORK
Asset Type:Condo
Price Per Square Foot:$2,206
Total Square Footage:3,535 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$415,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$27,711.76
Cash-on-Cash Return-1.27%
Monthly Debt Service$36,975.98
Annual Debt Service$443,711.75
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