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So Chang Acquires Condo At 250 West 96th Street From JVP Management For $5.22M

Property Image
SOLD
$5,222,000
Adelaide Polsinelli
Yuli Tsai

New York

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Condo2,220 SF
Sold 07/15/2024
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Property Image
SOLD

So Chang Acquires Condo At 250 West 96th Street From JVP Management For $5.22M

250 West 96th Street

See Similar Deals
Condo2,220 SF
Sold 07/15/2024
Adelaide Polsinelli
Yuli Tsai
the dealplayerscompscontact
Contact now

Summary

NEW YORK
Asset Type:Condo
Price Per Square Foot:$2,352
Total Square Footage:2,220 SF
Transaction Type:Sale

The property asset involved in this transaction is a condominium located at 250 West 96th Street in the Upper West Side market. The transaction concluded with a sale price of $5,222,000, encompassing a total area of 2,220 square feet, which translates to a price per square foot of $2,352.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $5,222,000
  • Address: 250 West 96th Street
  • Market: Upper West Side
  • Square Footage: 2,220
  • Price Per Square Foot: $2,352
  • Buyer: So Chang
  • Seller: JVP Management
  • Brokers: Adelaide Polsinelli & Yuli Tsai - Compass

The deal's key individuals include So Chang as the buyer and JVP Management as the seller. The transaction was facilitated by brokers Adelaide Polsinelli and Yuli Tsai from Compass, representing the seller in this closed deal.

Players

Adelaide Polsinelli
Compass
Adelaide Polsinelli
26 deals$285M volume(773) 350-8535
BROKER
Yuli Tsai
Compass
Yuli Tsai
1 deal$5.2M volume(212) 838-0777
BROKER

Details

SOLD
IMAGE: Marc Saadia, Adelaide Polsinelli & Yuli Tsai DATE: 07/15/2024 ADDRESS: 250 West 96th Street MARKET: Upper West Side ASSET TYPE: Condo BUYER: So Chang SELLER: - JVP Management BROKERS: Adelaide Polsinelli (@CompassCommercialNewYork) & Yuli Tsai (@YuliTsai) - Compass (@Compass) SALE PRICE: $5,222,000 SF: 2,220 ~ PPSF: $2,352

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Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$18,552.66
Cash-on-Cash Return-1.27%
Monthly Debt Service$24,754.94
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