Betty Katz Purchases Condo In New York City From Michelle Quinn For $6,200,000
695 First Ave #28d
$6,200,000
Building Size
—
Asset Type
Condo
Closing
Nov 2, 2021
About this deal
AI
A condo located at 695 First Ave, New York, NY was sold for $6,200,000.00. The property is part of a closed transaction and involves a significant amount in the real estate market.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $6,200,000.00
- Buyer: Betty Katz
- Seller: Michelle Quinn
- Brokers: Alexander Boriskin - Douglas Elliman
- Sale Date: 11/02/2021
The transaction involved key individuals such as buyer Betty Katz and seller Michelle Quinn, facilitated by broker Alexander Boriskin of Douglas Elliman, highlighting the roles played in this deal.
On the Map
$6,200,000
Condo
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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
2.56%
Cash-on-Cash
-0.73%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93