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
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