Wei Dong Acquires Condo In Manhattan For $2.675M With Brokers Albert Chen & Daniel Shamooil - Voro Real Estate
SOLD
$2,675,000
New York
See Similar DealsCondo1,126 SF
Sold 05/08/2023
SOLD
Wei Dong Acquires Condo In Manhattan For $2.675M With Brokers Albert Chen & Daniel Shamooil - Voro Real Estate
138 E 50th St New York, NY 10022
See Similar DealsCondo1,126 SF
Sold 05/08/2023
Summary
NEW YORK
Asset Type:Condo
Price Per Square Foot:$2,375
Total Square Footage:1,126 SF
Transaction Type:Sale
The condo located at 138 East 50th St in Manhattan has been sold in a recent transaction. The property, spanning 1,126 square feet, was sold for a price of $2,675,000, resulting in a price per square foot of $2,376.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $2,675,000
- Square Feet: 1,126
- Price per Square Foot: $2,376
- Address: 138 East 50th St, Manhattan
The buyer involved in this transaction is Wei Dong. The sale was facilitated by brokers Albert Chen and Daniel Shamooil from Voro Real Estate.
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30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$142,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$9,503.71
Cash-on-Cash Return-1.27%
Monthly Debt Service$12,680.86
Annual Debt Service$152,170.38
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