Marina Bernshtein's Brown Harris Stevens Sells Condo In Nolita For $9.75M
260 Bowery
$9,750,000
$2,346/SF
Building Size
4,156 SF
Asset Type
Condo
Closing
Jan 26, 2024
About this deal
AI
The recently closed property transaction in Nolita, Manhattan involved a condominium located at 260 Bowery. The condo spans approximately 4,156 square feet, with an exterior space measuring 1,174 square feet. The transaction was facilitated by Marina Bernshtein, a representative from Brown Harris Stevens. The property was sold for a total price of $9,750,000, resulting in a price per square foot of $2,346.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $9,750,000
- Square Footage: 4,156
- Price per Square Foot: $2,346
- Address: 260 Bowery, Nolita, Manhattan
- Broker: Marina Bernshtein (MarinaBernshtein.Com) - Brown Harris Stevens
This deal highlights Marina Bernshtein's role as the broker representing the buyer or seller in the transaction. The involvement of Brown Harris Stevens further emphasizes their presence in the competitive Nolita property market.
On the Map
$9,750,000
$2,346/SF
Condo
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New York Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $2.3K per square foot on a published $9.8M for 4,156 square feet (2024).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.63%
Cash-on-Cash
-0.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93