Twinkle Barot & Rup Singh Of Iconic Pros Represent Sale Of Condo In Lower East Side For $2.285M
252 South Street
$2,285,000
$2,034/SF
Building Size
1,123 SF
Asset Type
Condo
Closing
Feb 24, 2025
About this deal
AI
The property asset involved in the transaction is a condo located at 252 South Street in the Lower East Side market. The sale price of the condo was $2,285,000, encompassing an area of 1,123 square feet, which results in a price per square foot of $2,034.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $2,285,000
- Address: 252 South Street
- Market: Lower East Side
- Square Footage: 1,123
- Price per Square Foot: $2,034
- Brokers: Twinkle Barot & Rup Singh - Iconic Pros
Twinkle Barot and Rup Singh from Iconic Pros represented the buyer and seller in this transaction. Iconic Pros is noted for its extensive service in residential, commercial, luxury, and investment properties. The brokerage operates offices in Scarsdale, Hicksville, and Richmond Hill, and is expanding its presence into the Manhattan market.
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
6.94%
Cash-on-Cash
-1.98%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93