Nishant Hari Acquires Condo On 29 West 21st Street For $3.195M
SOLD
$3,195,000
New York
See Similar DealsCondo2,082 SF
Sold
SOLD
Nishant Hari Acquires Condo On 29 West 21st Street For $3.195M
29 West 21st Street
See Similar DealsCondo2,082 SF
Sold
Summary
NEW YORK
Asset Type:Condo
Price Per Square Foot:$1534
Total Square Footage:2082 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$170,400.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$11,351.16
Cash-on-Cash Return-1.27%
Monthly Debt Service$15,145.93
Annual Debt Service$181,751.16
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