Landsea Homes Acquires 20 Condo Units On Upper West Side From Congregation Shaare Zedek For $24.5M
212 West 93rd Street New York, New York 10025, USA
$24,500,000
Units
20
Asset Type
Condo
Closing
Jun 22, 2023
About this deal
AI
Landsea Homes has purchased 20 residential condominium units at 212 West 93rd Street in Manhattan's Upper West Side for $24.5 million. The seller of these units is Congregation Shaare Zedek.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $24,500,000
- Address: 212 West 93rd Street
- Market: Upper West Side
The buyer, Landsea Homes, represented by Qin Zhou, acquired these 20 condo units from the seller, Congregation Shaare Zedek, as part of a closed transaction. Each unit was sold at an average price of $1,255,000.
On the Map
$24,500,000
Condo
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Players
New York Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $1.2M per unit across 20 units on a published $24.5M (2023).
Browse New York condo sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.65%
Cash-on-Cash
-0.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93