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136 Baxter St, New York, NY...

Manhead Merch Acquires Condo On Baxter St, New York For $2.1M
SOLDCondo

Manhead Merch Acquires Condo On Baxter St, New York For $2.1M

136 Baxter St, New York, NY, 10013

$2,100,000

$1,230/SF

Building Size

1,707 SF

Asset Type

Condo

Closing

Aug 26, 2015

AI

The property at 136 Baxter St, New York, NY, 10013 is a Condo with a total square footage of 1707. The transaction took place on 08/26/2015 with a sale price of $2,100,000. The buyer, Manhead Merch, was represented by Raymond Dillulio from Douglas Elliman. On the other hand, the seller, Charles Piccinnini, was represented by Roya Cohen from Sotheby's International Realty and Ryan Serhant from Serhant.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $2,100,000.00
  • Address: 136 Baxter St, New York, NY, 10013
  • Market: New York
  • Buyer: Manhead Merch
  • Seller: Charles Piccinnini
  • Buyer's Representative: Raymond Dillulio(Douglas Elliman)
  • Seller's Representatives: Roya Cohen(Sotheby's International Realty), Ryan Serhant(Serhant)
  • Total Square Footage: 1707

The deal involved notable real estate professionals representing the buyer and seller. Raymond Dillulio of Douglas Elliman acted as the buyer's representative, while Roya Cohen from Sotheby's International Realty and Ryan Serhant from Serhant represented the seller in the transaction. The successful deal between Manhead Merch and Charles Piccinnini for the condo at 136 Baxter St was closed with a purchase price of $2,100,000.

Players

Ryan Serhant

Serhant

Broker

$1.1B

vol

44 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

7.55%

Cash-on-Cash

-2.16%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93