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517 West 29th Street

Condo Sold At 517 West 29th Street For $3.595M
SOLDCondo

Condo Sold At 517 West 29th Street For $3.595M

517 West 29th Street

$3,595,000

$2,006/SF

Building Size

1,792 SF

Asset Type

Condo

Closing

Feb 24, 2025

AI

The condo located at 517 West 29th Street in the West Chelsea market has been sold for a price of $3,595,000. The asset boasts an area of 1,792 square feet, resulting in a price per square foot of $2,006.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $3,595,000
  • Address: 517 West 29th Street
  • Market: West Chelsea
  • Square Footage: 1,792
  • Price per Square Foot: $2,006
  • Buyer's Representative: Claudia Saez Fromm - The Corcoran Group
  • Seller's Representatives: Devin Someck, Natalia Anhel & Kelly Rogers - Living New York

This closing marks the ninth transaction at 517 West 29th Street within a single month, highlighting active market engagement by the respective parties involved in this deal.

Players

Devin Someck

Living New York

Broker

$80.5M

vol

15 deals

Broker

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

4.41%

Cash-on-Cash

-1.26%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93