Michael Bashal Acquires Condo In South Harlem For $775,000
127 West 112th Street
$775,000
$1,151/SF
Building Size
673 SF
Asset Type
Condo
Closing
Jan 2, 2024
About this deal
AI
A condominium located at 127 West 112th Street in South Harlem, Manhattan has been sold. The property, with a total area of 673 square feet, was purchased by Michael Bashal from Metropolitan Homes for a total price of $775,000. The condo, known for its prime location in South Harlem, offers a comfortable living space with a price per square foot of $1,152.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $775,000
- Square Footage: 673
- Price Per Square Foot: $1,152
- Address: 127 West 112th Street, South Harlem, Manhattan
The sale of this condo was facilitated by Adam Hakimian and Jason Warner from Real New York, who represented Metropolitan Homes in the transaction.
On the Map
$775,000
$1,151/SF
Condo
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New York Condo Market Snapshot
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Deal FAQ
About $1.2K per square foot on a published $775K for 673 square feet (2024).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
20.47%
Cash-on-Cash
-5.85%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93