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
About this deal
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.
The condo sale at 111 West 57th Street in New York, New York sold for $7.8M in 2024. The building is 3,535 square feet, implying about 2.2K per square foot on the published price. Lenny Sporn, Sporn Group appear on the sale alongside Sporn Group. This page is the New York, New York file for the 111 West 57th Street condo sold: pricing, party profiles, and other closed condo comps from the same New York sit in the Market section below. Filter that New York condo set by closing date to see what else sold near 111 West 57th Street around 2024. Published consideration for 111 West 57th Street is $7.8M, dated 2024. Cite this JDS Sells Condo At 111 West 57th St, Midtown Manhattan For $7.8M sale when underwriting similar condo product around New York, New York.
On the Map
$7,800,000
$2,206/SF
Condo
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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