So Chang Acquires Condo At 250 West 96th Street From JVP Management For $5.22M
250 West 96th Street
$5,222,000
$2,352/SF
Building Size
2,220 SF
Asset Type
Condo
Closing
Jul 15, 2024
AI
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
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
3.04%
Cash-on-Cash
-0.87%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93