Efthymios Loannidis Acquires Condo In New York City For $481,000
240 E 46th St #7e New York, NY 10017, USA
$481,000
$1,131/SF
Building Size
425 SF
Asset Type
Condo
Closing
May 22, 2023
AI
A condo located at 240 East 46th Street in New York City has been sold in a recent transaction. The property spans 425 square feet and was sold for a price of $481,000, resulting in a price per square foot of $1,132.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $481,000
- Address: 240 East 46th Street, New York City
The buyer of the condo is Efthymios Loannidis, while the seller is Avital Vecselberg. The deal was facilitated by Benjamin Mayell and Ashley Rosado from Mayell Real Estate, who represented the respective parties in the transaction.
Overall, this transaction involved the sale of a condo located at 240 East 46th Street in New York City. Efthymios Loannidis purchased the property from Avital Vecselberg for $481,000. Benjamin Mayell and Ashley Rosado from Mayell Real Estate played a key role as the brokers representing the buyer and seller, respectively.
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
32.98%
Cash-on-Cash
-9.43%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93