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555 West 22nd Street #3DE

Megan Madden Acquires Condo At 555 West 22nd Street, Chelsea For $12M&
SOLDCondo

Megan Madden Acquires Condo At 555 West 22nd Street, Chelsea For $12M&

$12,068,583

$5,235/SF

Building Size

2,305 SF

Asset Type

Condo

Closing

Jan 4, 2024

AI

In Chelsea, Manhattan, a condo located at 555 West 22nd Street has been sold for $12,068,583. The property spans 2,305 square feet with a price per square foot of $5,236.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $12,068,583
  • Buyer: Megan Madden
  • Seller: Adam Braunschweiger
  • Address: 555 West 22nd Street, Chelsea, Manhattan
  • Price per Square Foot: $5,236

The buyer of the condo at 555 West 22nd Street was Megan Madden, while the seller was Adam Braunschweiger.

Players

Megan Madden

Buyer

$44.1M

vol

2 deals

Buyer

Market 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

1.31%

Cash-on-Cash

-0.38%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93