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
About this deal
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.
The condo sale at 565 Broome Street in New York, New York sold for $8.5M in 2024. The building is 2,512 square feet, implying about 3.4K per square foot on the published price. Scott Francis, Serhant appear on the sale alongside Serhant. This page is the New York, New York file for the 565 Broome Street condo sold: pricing, party profiles, and other closed condo comps from the same New York sit in the Market section below. Filter that New York condo set by closing date to see what else sold near 565 Broome Street around 2024. Published consideration for 565 Broome Street is $8.5M, dated 2024. Cite this Blake Ross Acquires Condo In SoHo With Broker Scott Francis For $8.5M sale when underwriting similar condo product around New York, New York.
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New York Condo Market Snapshot
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Deal FAQ
About $3.4K per square foot on a published $8.5M for 2,512 square feet (2024).
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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