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Monochromatic LLC Acquires Condo From Annie Leibovitz At 495 West Street For $19.5M
SOLD
$19,500,000
New York
See Similar DealsCondo4,700 SF
Sold
SOLD
Monochromatic LLC Acquires Condo From Annie Leibovitz At 495 West Street For $19.5M
495 West Street
See Similar DealsCondo4,700 SF
Sold
Summary
NEW YORK
Asset Type:Condo
Price Per Square Foot:$4148
Total Square Footage:4700 SF
Transaction Type:Sale
A condo located at 495 West Street in Manhattan has been sold by Annie Leibovitz for $19,500,000. The property featured a total square footage of 4,700 and a price per square foot of $4,149.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $19,500,000
- Buyer: Monochromatic LLC
- Seller: Annie Leibovitz
- Date of Sale: 03/04/2026
- Market: Manhattan
- Previous Sale Price: $16,500,000
This transaction involved Monochromatic LLC as the buyer, while Annie Leibovitz represented the seller in this off-market deal, which occurred approximately a year after Leibovitz acquired the property.
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,039,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$69,279.39
Cash-on-Cash Return-1.27%
Monthly Debt Service$92,439.95
Annual Debt Service$1,109,279.38
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