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211 Elizabeth Street

Millers Reagan Holdings LLC Acquires Nolita Condo On 211 Elizabeth St. For $5.05M
SOLDCondo

Millers Reagan Holdings LLC Acquires Nolita Condo On 211 Elizabeth St. For $5.05M

211 Elizabeth Street

$5,050,000

$2,991/SF

Building Size

1,688 SF

Asset Type

Condo

Closing

Mar 9, 2022

AI

A condo located at 211 Elizabeth St. in Nolita has been sold for a total price of $5,050,000. The property spans 1,688 square feet, translating to a price per square foot of $2,991. The transaction took place on March 9, 2022.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $5,050,000
  • Address: 211 Elizabeth St.
  • Market: Nolita

The buyer of the condo is Millers Reagan Holdings LLC, while the seller is Gabriel Byrne. The deal was facilitated by brokers Danielle Lurie and Michaela Morton from Compass.

Players

Danielle Lurie

Compass

Broker

$5.1M

vol

1 deal

Broker

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

3.14%

Cash-on-Cash

-0.90%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93