E&M Associates Acquires Property From Castellan Real Estate Partners For $42.1M In New York
137 W 141st St, New York, NY, 10030
$42,100,000
Building Size
—
Asset Type
Condo
Closing
Mar 9, 2016
About this deal
AI
The property involved in the transaction is located at 137 W 141st St, New York, NY, 10030. The sale price of the asset is $42,100,000.00. The property falls within the New York market, and its square footage is not specified.
Summary of transaction details:
- Property Type: Sale
- Transaction Amount: $42,100,000.00
- Address: 137 W 141st St, New York, NY, 10030
- Market: New York
- Seller: Castellan Real Estate Partners
- Buyer: E&M Associates
- Seller's Representatives: Josh Berkowitz (Ariel Property Advisors), Matthew (Matt) Gillis (Ariel Property Advisors)
The transaction involved key representatives from Ariel Property Advisors, with Josh Berkowitz and Matthew (Matt) Gillis acting on behalf of the seller, Castellan Real Estate Partners, while E&M Associates represented the buyer in this deal.
On the Map
$42,100,000
Condo
View full map
Players
New York Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
Loading comparables…
Deal FAQ
Browse New York condo sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.38%
Cash-on-Cash
-0.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93