Government Of Uruguay Acquires Condo At 633 3rd Ave, New York For $7M
633 3rd Ave, New York, NY, 10017
$7,000,000
$875/SF
Building Size
8,000 SF
Asset Type
Condo
Closing
Jul 20, 2018
AI
The property involved in the transaction is a Condo located at 633 3rd Ave, New York, NY, 10017. The sale took place on 07/20/2018, with the Government of Uruguay purchasing the property from Comm5 Setai LLC for $7,000,000.00. The Condo spans across 8000 square feet in the New York market.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $7,000,000.00
- Buyer: Government of Uruguay
- Buyer's Representative: Mark Toubin (Cresa)
- Seller: Comm5 Setai LLC
- Address: 633 3rd Ave, New York, NY, 10017
- Market: New York
- Square Footage: 8000
The deal's key individuals include Mark Toubin from Cresa, who represented the buyer, the Government of Uruguay, in the transaction.
Players
New York Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.27%
Cash-on-Cash
-0.65%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93