Condo Sold At 517 West 29th Street For $3.595M
SOLD
$3,595,000
+ 1
New York
See Similar DealsCondo1,792 SF
Sold 02/24/2025
SOLD
Condo Sold At 517 West 29th Street For $3.595M
517 West 29th Street
See Similar DealsCondo1,792 SF
Sold 02/24/2025
+ 1
Summary
NEW YORK
Asset Type:Condo
Price Per Square Foot:$2,006
Total Square Footage:1,792 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$191,733.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$12,772.29
Cash-on-Cash Return-1.27%
Monthly Debt Service$17,042.13
Annual Debt Service$204,505.61
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