PRESIDIUS LLC Acquires Condo At 15 Central Park West From Andrey M. Kaydin For $33.89M
15 Central Park West
$33,891,125
$6,278/SF
Building Size
5,398 SF
Asset Type
Condo
Closing
Feb 28, 2025
About this deal
AI
The property asset involved in this transaction is a condo located at 15 Central Park West in New York City. The sale was completed for a transaction amount of $33,891,125.00. The total square footage of the condo is 5,398 square feet.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $33,891,125.00
- Address: 15 Central Park West
- Market: New York City
- Seller: Andrey M. Kaydin
- Buyer: PRESIDIUS, LLC
- Seller's Representative: Adam Rothman (Douglas Elliman)
This transaction highlights the involvement of Adam Rothman from Douglas Elliman, who represented the seller, Andrey M. Kaydin, in the sale of this property. The buyer, PRESIDIUS, LLC, acquired the condo through this transaction, marking a significant move in the New York City real estate market.
Players
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
0.47%
Cash-on-Cash
-0.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93