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
About this deal
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.
Megan Madden Acquires Condo At 555 West 22nd Street, Chelsea For $12M& is logged as a condo sale on Traded (2024). The building is 2,305 square feet, implying about 5.2K per square foot on the published price. Named participants on the Megan Madden Acquires Condo At 555 West 22nd Street, Chelsea For $12M& sale are Megan Madden. This page is the market file for the Megan Madden Acquires Condo At 555 West 22nd Street, Chelsea For $12M& condo sold: pricing, party profiles, and other closed condo comps from the same area sit in the Market section below. Cite this Megan Madden Acquires Condo At 555 West 22nd Street, Chelsea For $12M& sale when underwriting similar condo product.
Players
Market Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $5.2K per square foot on a published $12.1M for 2,305 square feet (2024).
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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