Nishant Hari Acquires Condo On 29 West 21st Street For $3.195M
29 West 21st Street
$3,195,000
$1,534/SF
Building Size
2,082 SF
Asset Type
Condo
Closing
Jun 10, 2024
AI
The condominium located at 29 West 21st Street - 3rd Floor in the Flatiron area of Manhattan was recently sold for $3,195,000. Spanning 2,082 square feet, the condo was purchased at a price per square foot of $1,535. The transaction took place on June 10, 2024, with Nishant Hari acquiring the property from Brian Babst.
Summary of transation details:
- Property Type: Condo
- Transaction Amount: $3,195,000
- Buyer: Nishant Hari
- Seller: Brian Babst
- Brokers: Benjamin Mayell, Salvatore Carillo, Kiran Bains - Mayell Real Estate
The deal was facilitated by the real estate experts Benjamin Mayell, Salvatore Carillo, and Kiran Bains from Mayell Real Estate. Their combined efforts culminated in the successful sale of this prime condominium in the sought-after Flatiron neighborhood of Manhattan.
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
4.96%
Cash-on-Cash
-1.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93