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Sky Space LLC Purchases Condo From Rosie O'Donnell In Midtown East For $3.25M
SOLD
$3,250,000
New York
See Similar DealsCondo3,381 SF
Sold 05/05/2025
SOLD
Sky Space LLC Purchases Condo From Rosie O'Donnell In Midtown East For $3.25M
255 East 49th Street
See Similar DealsCondo3,381 SF
Sold 05/05/2025
Summary
NEW YORK
Asset Type:Condo
Price Per Square Foot:$961
Total Square Footage:3,381 SF
Transaction Type:Sale
The property asset involved in this transaction is a condo located at 255 East 49th Street in Midtown East. The sale price for the condo was $3,250,000, with a total square footage of 3,381 and a price per square foot of $961.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $3,250,000
- Buyer: Sky Space LLC
- Seller: Rosie O'Donnell
- Market: Midtown East
- Sale Date: 05/05/2025
Sky Space LLC acquired the property from Rosie O'Donnell, who experienced a $3.25 million loss from her original purchase price of $8 million in 2017. This transaction reflects a significant change in ownership for the seller.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$173,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$11,546.57
Cash-on-Cash Return-1.27%
Monthly Debt Service$15,406.66
Annual Debt Service$184,879.90
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