SOLDCondo
Blake Ross Acquires Condo In SoHo With Broker Scott Francis For $8.5M
565 Broome Street
$8,500,000
$3,383/SF
Building Size
2,512 SF
Asset Type
Condo
Closing
Feb 1, 2024
AI
The property involved in the transaction is a three-bedroom, 3½-bath condo located at 565 Broome Street in SoHo, Manhattan. The condo was purchased by Blake Ross for $8.25 million. This condo spans 2,512 square feet, resulting in a price per square foot of $3,384.
Summary of transation details:
- Property Type: Condo
- Transaction Amount: $8,500,000
- Address: 565 Broome Street
- Market: SoHo, Manhattan
Scott Francis of Serhant was the broker representing Blake Ross in this real estate transaction.
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
1.87%
Cash-on-Cash
-0.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93