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DiFalco Group Acquires 2 Retail Condos In Upper West Side For $7.6M

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SOLD
$7,600,000

New York

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Condo2,984 SF
Sold 09/11/2023
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Property Image
SOLD

DiFalco Group Acquires 2 Retail Condos In Upper West Side For $7.6M

2461 Broadway

See Similar Deals
Condo2,984 SF
Sold 09/11/2023
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Summary

NEW YORK
Asset Type:Condo
Price Per Square Foot:$2,546
Total Square Footage:2,984 SF
Transaction Type:Sale

The DiFalco Group's Local Broadway LLC has acquired two retail condominium units totaling 2,984 square feet on the first floor of The Westly at 2461 Broadway in Upper West Side, Manhattan. The property was purchased for $7.6 million from Adam America Real Estate and Hampshire Properties' 2461 Broadway LLC. Situated in the vibrant Upper West Side market, this condo offers a prime location for commercial activities.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $7,600,000
  • Square Footage: 2,984
  • Address: 2461 Broadway, Upper West Side, Manhattan
  • Market: Upper West Side, Manhattan

Christopher L. DiFalco, representing the DiFalco Group, served as the buyer in this transaction, while Ron Vaksin, from Adam America Real Estate, and Tomas Rosenthal, from Hampshire Properties, acted as the sellers. This deal not only highlights the DiFalco Group's expansion in the commercial real estate market but also demonstrates the collaboration between Adam America Real Estate and Hampshire Properties.

Players

2 deals$17.8M volume
BUYER

2 deals$17.8M volume
BUYER

Details

SOLD
IMAGE: Christopher L. DiFalco & Ron Vaksin DATE: 09/11/2023 ADDRESS: 2461 Broadway MARKET: Upper West Side, Manhattan ASSET TYPE: Condo BUYER: Christopher L. DiFalco - DiFalco Group SELLER: Ron Vaksin - Adam America Real Estate (@AdamAmeriCare) & Tomas Rosenthal - Hampshire Properties SALE PRICE: $7,600,000 SF: 2,984 ~ PPSF: $2,547 NOTE: DiFalco Group's Local Broadway LLC acquired two retail condominium units totaling 2,984 square feet on the first floor of The Westly at 2461 Broadway in Upper West Side, Manhattan, for $7.6 million from Adam America Real Estate and Hampshire Properties' 2461 Broadway LLC.

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

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Cap Rate

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