Assouline Team Acquires Gramercy Park Condo For $16.5M
18 Gramercy Park South
$16,500,000
$3,922/SF
Building Size
4,207 SF
Asset Type
Condo
Closing
Sep 13, 2022
About this deal
AI
A luxury condo unit located at 18 Gramercy Park South #10 in the Gramercy Park market has been sold in a recent transaction. The transaction, which took place on September 13, 2022, involved the sale of the condominium.
Summary of transaction details
- Property Type: Condo
- Sale Price: $16,500,000
- Square Footage: 4,207 SF
- Price Per Square Foot: $3,922
- Address: 18 Gramercy Park South #10
- Market: Gramercy Park
The buyer's representatives in this transaction were Ruthie Assouline & Ethan Assouline from the Assouline Team. They played a crucial role in facilitating the sale of the luxury condo unit.
Players
New York Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $3.9K per square foot on a published $16.5M for 4,207 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.96%
Cash-on-Cash
-0.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93