Douglas Elliman Represents Sale Of Residential Condo In SoHo For $8.85M
SOLD
$8,850,000
New York
See Similar DealsCondo3,400 SF
Sold 01/19/2021
SOLD
Douglas Elliman Represents Sale Of Residential Condo In SoHo For $8.85M
180 6th Avenue
See Similar DealsCondo3,400 SF
Sold 01/19/2021
Summary
NEW YORK
Asset Type:Condo
Price Per Square Foot:$2,602
Total Square Footage:3,400 SF
Transaction Type:Sale
The residential condo located at 180 Sixth Ave. in SoHo has been sold for a total price of $8,850,000. The property spans across 3,400 square feet, resulting in a price per square foot of $2,602. The sale took place on January 19, 2021.
Summary of transation details
- Property Type: Residential Condo
- Transaction Amount: $8,850,000
- Address: 180 Sixth Ave., SoHo
- Square Footage: 3,400
- Price per Square Foot: $2,602
Tal Alexander, Oren Alexander, and Jen Stillman from DouglasElliman represented the buyer and seller in this transaction. The development of the property was carried out by Quinlan Development Group and Tavros Capital Partners. The architectural design was provided by BKSK Architects.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$472,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$31,442.17
Cash-on-Cash Return-1.27%
Monthly Debt Service$41,953.52
Annual Debt Service$503,442.18
Is there something missing? Send suggestions