Compass Brokers Sell Condo At 39 East 29th Street In New York City For $4.7M
39 East 29th Street
$4,725,000
$2,282/SF
Building Size
2,070 SF
Asset Type
Condo
Closing
Feb 28, 2023
About this deal
AI
A luxury condo located at 39 East 29th Street in New York City has been sold in a recent transaction. The property spans an area of 2,070 square feet and was sold at a price of $4,725,000, resulting in a price per square foot of $2,283.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $4,725,000
- Address: 39 East 29th Street
- Market: New York City
The buyer of the property is Timothy R. Mullen. Representing the buyer in the deal was Isabelle Solmonson Cohen from Runyon Group. On the other side, the seller was represented by Jeffrey Rowe, Peter Browne, and Lyndsey Casagrande from Compass.
This sale marks another successful transaction in the vibrant New York City real estate market, showcasing the demand for luxury condos in prime locations.
On the Map
$4,725,000
$2,282/SF
Condo
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Players
Market Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $2.3K per square foot on a published $4.7M for 2,070 square feet (2023).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.36%
Cash-on-Cash
-0.96%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93