Lindsey Adelman Purchases Condo From Norman Reedus In Chinatown For $5.4M
136 Baxter Street
$5,400,000
$2,076/SF
Building Size
2,600 SF
Asset Type
Condo
Closing
Feb 26, 2025
About this deal
AI
Norman Reedus has sold a condo located at 136 Baxter Street in the Chinatown market for $5,400,000. The property, with a total square footage of 2,600, was acquired by Reedus in 2013 for $3,800,000, reflecting a significant appreciation in value over the years. The price per square foot for this sale is calculated at $2,077.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $5,400,000
- Buyer: Lindsey Adelman
- Seller: Norman Reedus
- Address: 136 Baxter Street
- Market: Chinatown
- Square Footage: 2,600
- Price per Square Foot: $2,077
This transaction features Lindsey Adelman as the buyer, acquiring the condo from Norman Reedus, the seller. Their engagement in this deal marks a notable transfer of property within the competitive real estate environment of Chinatown.
Players
New York Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $2.1K per square foot on a published $5.4M for 2,600 square feet (2025).
Browse New York condo sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.94%
Cash-on-Cash
-0.84%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93