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127 West 112th Street

Michael Bashal Acquires Condo In South Harlem For $775,000
SOLDCondo

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

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.

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

20.47%

Cash-on-Cash

-5.85%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93