Douglas Elliman Sells Condo At 15 Central Park West, Upper West Side For $22.4M
SOLD
$22,375,000
New York
See Similar DealsCondo3,105 SF
Sold 06/29/2022
SOLD
Douglas Elliman Sells Condo At 15 Central Park West, Upper West Side For $22.4M
15 Central Park West, #27A, Upper West Side, NY10023, USA
See Similar DealsCondo3,105 SF
Sold 06/29/2022
Summary
NEW YORK
Asset Type:Condo
Price Per Square Foot:$7,206
Total Square Footage:3,105 SF
Transaction Type:Sale
15 Central Park West, located in the Upper West Side neighborhood of New York City, has recently been sold in a condo transaction. The property, represented by Tal Alexander and Lauren Fitzpatrick Weitz of Douglas Elliman, was listed for a sale price of $22,375,000. With a total square footage of 3,105, the price per square foot for this prestigious condo stands at $7,206.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $22,375,000
- Square Footage: 3,105
- Price per Square Foot: $7,206
- Address: 15 Central Park West, Upper West Side
Douglas Elliman was honored to represent the seller in this transaction, with Tal Alexander and Lauren Fitzpatrick Weitz serving as the seller's representatives. The sale of this high-end condo showcases the continued demand for luxury properties in the Upper West Side area of New York City.
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30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,193,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$79,493.66
Cash-on-Cash Return-1.27%
Monthly Debt Service$106,068.92
Annual Debt Service$1,272,826.98
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