Michael Bashal Acquires Condo In South Harlem For $775,000
SOLD
$775,000
New York
See Similar DealsCondo673 SF
Sold 01/02/2024
SOLD
Michael Bashal Acquires Condo In South Harlem For $775,000
127 West 112th Street
See Similar DealsCondo673 SF
Sold 01/02/2024
Summary
NEW YORK
Asset Type:Condo
Price Per Square Foot:$1,151
Total Square Footage:673 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$41,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$2,753.42
Cash-on-Cash Return-1.27%
Monthly Debt Service$3,673.90
Annual Debt Service$44,086.74
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