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
About this deal
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.
On the Map
$3,595,000
$2,006/SF
Condo
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New York Condo Market Snapshot
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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