Hassan Chowdhury Purchases Condo At 505 West 43rd Street From Charles West Condominium For $4M
505 West 43rd Street
$4,000,000
$1,708/SF
Building Size
2,341 SF
Asset Type
Condo
Closing
Jun 30, 2025
AI
The property asset involved in this transaction is a condo located at 505 West 43rd Street in Hell's Kitchen. The sale price for this condo was $4,000,000, covering an area of 2,341 square feet, which results in a price per square foot of $1,708.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $4,000,000
- Address: 505 West 43rd Street
- Market: Hell's Kitchen
- Square Footage: 2,341
- Price Per Square Foot: $1,708
- Buyer: Hassan Chowdhury
- Seller: Charles West Condominium - 1818 Nadlan LLC - Orly Daniell
- Brokers: Abdes Ouchatti, Iana Puninskaia & Vikrant Patel - Serhant
Key individuals involved in the transaction include the buyer, Hassan Chowdhury, and the seller, which is represented by Charles West Condominium, 1818 Nadlan LLC, and Orly Daniell. The brokers facilitating the deal are Abdes Ouchatti, Iana Puninskaia, and Vikrant Patel from Serhant. NOTE FROM BROKER: Contract signed.
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
3.97%
Cash-on-Cash
-1.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93