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
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
5.60%
Cash-on-Cash
-1.60%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93