SOLDCondo
Mila Askarova Of Gazelli Art House Acquires Condo In Chelsea For $7.5M From Douglas Kent Walla
543 West 25th Street
$7,500,000
$1,603/SF
Building Size
4,678 SF
Asset Type
Condo
Closing
Jun 30, 2026
About this deal
AI
The transaction involved the sale of two retail condominium units located at 543 West 25th Street in Chelsea, Manhattan. The property, valued at $7,500,000, has a total square footage of 4,678, resulting in a price per square foot of $1,603.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $7,500,000
- Address: 543 West 25th Street
- Market: Chelsea, Manhattan
- Buyer: Mila Askarova - Gazelli Art House
- Seller: Douglas Kent Walla - Marlborough Gallery
- Square Footage: 4,678
- Price per Square Foot: $1,603
Gazelli Art House, represented by MRCRI Prop LLC, successfully acquired the property from Marlborough Gallery’s Marlborough Real Estate LLC with intentions for owner occupancy.
On the Map
$7,500,000
$1,603/SF
Condo
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New York Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $1.6K per square foot on a published $7.5M for 4,678 square feet (2026).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.12%
Cash-on-Cash
-0.60%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93