Thothadri Bharathram Purchases Condo At 60 Riverside Boulevard For $6.5 Million With Sunny Barot As The Broker
60 Riverside Boulevard
$6,500,000
$2,099/SF
Building Size
3,096 SF
Asset Type
Condo
Closing
Oct 16, 2024
About this deal
AI
The property asset involved in this transaction is a condo located at 60 Riverside Boulevard in the Lincoln Square market. The sale price of the condo was $6,500,000, covering a total square footage of 3,096, which translates to a price per square foot of $2,099.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $6,500,000
- Address: 60 Riverside Boulevard
- Market: Lincoln Square
- Square Footage: 3,096
- Price Per Square Foot: $2,099
- Buyer: Thothadri Bharathram
- Broker: Sunny Barot - The Corcoran Group
The transaction was represented by Sunny Barot from The Corcoran Group, who acted on behalf of the buyer, Thothadri Bharathram, in this sale. The closing date of the transaction was on October 16, 2024.
Players
New York Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $2.1K per square foot on a published $6.5M for 3,096 square feet (2024).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.44%
Cash-on-Cash
-0.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93