facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Condo

/

Sale

/

2 River Terrace New York, N...

Mikael Nahmias & Mackenzie Nahmias Acquire Condo At 2 River Terrace In New York City For $2.8M
SOLDCondo

Mikael Nahmias & Mackenzie Nahmias Acquire Condo At 2 River Terrace In New York City For $2.8M

2 River Terrace New York, NY 10282, USA

$2,835,000

$1,353/SF

Building Size

2,095 SF

Asset Type

Condo

Closing

Mar 17, 2023

AI

The property involved in this transaction is a condo located at 2 River Terrace in New York City. The sale took place on 03/17/2023 and the asset type is a condo. The property spans 1,587 square feet and was sold at a price of $2,835,000, resulting in a price per square foot of $1,786.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $2,835,000
  • Address: 2 River Terrace, New York City
  • Market: New York City
  • Buyer: Mikael Nahmias & Mackenzie Nahmias
  • Seller: Gaurang Chadha & Daiga Chadha
  • Brokers: Morris Saadiyayev & Brian Cushman - R New York

The buyers in this transaction are Mikael Nahmias and Mackenzie Nahmias, while the sellers are Gaurang Chadha and Daiga Chadha. The brokers who facilitated the deal were Morris Saadiyayev and Brian Cushman from R New York.

Players

Morris Saadiyayev

R New York

Broker

$47.2M

vol

15 deals

Broker

New York Condo Market Snapshot

Boundary boundary · Condo · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.60%

Cash-on-Cash

-1.60%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93