Christian Fellowship Center Acquires Condo In Hudson Yards For $5.1M
446 West 34th Street, New York City, New York 10001, United States
$5,100,000
Building Size
—
Asset Type
Condo
Closing
Aug 11, 2022
About this deal
AI
The Condo located at 446 West 34th Street in the Hudson Yards neighborhood of Manhattan has been sold. The property was purchased by the Christian Fellowship Center, represented by Aaron Yancoskie, for a total sale price of $5,100,000.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $5,100,000
- Market: Hudson Yards, Manhattan
- Buyer: Christian Fellowship Center - Aaron Yancoskie
- Seller: Mason Lee Chen
The transaction took place on November 8, 2022. Mason Lee Chen was the seller of the property, and Aaron Yancoskie, representing the Christian Fellowship Center, acted as the buyer's representative. The sale price of $5,100,000 reflects the value of the Condo at 446 West 34th Street.
Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.11%
Cash-on-Cash
-0.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93