Compass Brokers Sell Upper West Side Condo On Broadway For $5.6M
SOLD
$5,635,000
New York
See Similar DealsCondo990 SF
Sold 10/11/2022
SOLD
Compass Brokers Sell Upper West Side Condo On Broadway For $5.6M
2000 Broadway
See Similar DealsCondo990 SF
Sold 10/11/2022
Summary
NEW YORK
Asset Type:Condo
Price Per Square Foot:$5,691
Total Square Footage:990 SF
Transaction Type:Sale
A luxurious condo located at 2000 Broadway, 24BC in the Upper West Side neighborhood has been sold for a staggering price of $5,635,000. Spanning across an impressive 3,000 square feet, this spacious property offers a remarkable value of $1,878 per square foot.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $5,635,000
- Address: 2000 Broadway, 24BC
- Market: Upper West Side
The sale of this exceptional property was handled by the renowned brokerage agency Compass, with Morella Machado and Brian K. Lewis serving as the expert representatives. They skillfully facilitated the transaction, ensuring a successful deal for all parties involved.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$300,533.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$20,019.97
Cash-on-Cash Return-1.27%
Monthly Debt Service$26,712.77
Annual Debt Service$320,553.30
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