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305 West 150th Street, New ...

GFI Realty Services Facilitates $3.025M Sale Of Condo Portfolio In Northern Manhattan
SOLDCondo

GFI Realty Services Facilitates $3.025M Sale Of Condo Portfolio In Northern Manhattan

305 West 150th Street, New York City, New York 10039, United States

$3,025,000

$201,666/SF

Building Size

15 SF

Asset Type

Condo

Closing

May 12, 2022

AI

710 Riverside Avenue, 305 West 150th Street & 42 West 120th Street in Northern Manhattan was recently sold. The property is a condo with a sale price of $3,025,000. It has a total area of 15,538 square feet and a price per square foot of $195. The sale was handled by Matthew Sparks of GFI Realty Services.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $3,025,000
  • Address: 710 Riverside Avenue, 305 West 150th Street & 42 West 120th Street
  • Market: Northern Manhattan
  • Square Footage: 15,538
  • Price Per Square Foot: $195

The sale was brokered by Matthew Sparks of GFI Realty Services.

Players

Matthew Sparks

GFI Realty Services

Broker

$63.3M

vol

9 deals

Broker

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

5.24%

Cash-on-Cash

-1.50%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93