Thomas Nguyen Buys Condo At 515 East 72nd Street New York From Robert Gallagher For $3,730,000
515 East 72nd Street #7b
$3,730,000
Building Size
—
Asset Type
Condo
Closing
Jun 22, 2023
About this deal
AI
The transaction involved a condo located at 515 East 72nd Street New York, NY, which was sold for $3,730,000.00. The property is characterized by its residential nature, which is typical for the area, and it contributed to the ongoing dynamics of the real estate market in New York City.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $3,730,000.00
- Buyer: Thomas Nguyen
- Seller: Robert Gallagher
- Brokers: Alexander Boriskin - Douglas Elliman
- Sale Date: 06/22/2023
- Address: 515 East 72nd Street New York, NY
The deal included the involvement of Alexander Boriskin from Douglas Elliman, who represented the parties in this transaction. This collaboration reflects the typical process within the real estate market, where brokers facilitate agreements between buyers and sellers.
On the Map
$3,730,000
Condo
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.25%
Cash-on-Cash
-1.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93