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127 West 112th Street

Isaac Harris Purchases Condo In South Harlem From Metropolitan Homes For $799,000
SOLDCondo

Isaac Harris Purchases Condo In South Harlem From Metropolitan Homes For $799,000

127 West 112th Street

$799,000

$1,138/SF

Building Size

702 SF

Asset Type

Condo

Closing

Apr 8, 2025

AI

The property asset involved in this transaction is a condo located at 127 West 112th Street in South Harlem, Manhattan. The sale price of the condo was $799,000, and it encompasses a total square footage of 702. The price per square foot for this asset is $1,138.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $799,000
  • Address: 127 West 112th Street
  • Market: South Harlem, Manhattan
  • Square Footage: 702
  • Price Per Square Foot: $1,138
  • Buyer: Isaac Harris
  • Seller: Metropolitan Homes
  • Seller's Representative: Adam Hakimian & Jason Warner - Real New York

This transaction involved Isaac Harris as the buyer purchasing the condo from Metropolitan Homes. The seller's representatives, Adam Hakimian and Jason Warner, are associated with Real New York and facilitated the deal on behalf of the seller.

Players

Adam Hakimian

Real New York

Broker

$30.6M

vol

9 deals

Broker

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

19.85%

Cash-on-Cash

-5.67%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93