Aysegul Demir & Alexa Polachi Galligan Sell Soho Condo For $10.2M
72 Mercer Street
$10,225,000
$2,509/SF
Building Size
4,075 SF
Asset Type
Condo
Closing
Jun 21, 2022
AI
A luxury condo located at 72 Mercer Street in Soho has been sold in a recent transaction. The property spans 4,075 square feet and is classified as a condo. The sale took place on June 21, 2022, with a selling price of $10,225,000. This translates to a price per square foot of $2,509.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $10,225,000
- Square Footage: 4,075
- Address: 72 Mercer Street, Soho
The seller's representatives in this deal were Aysegul Demir and Alexa Polachi Galligan, who work for Douglas Elliman Real Estate. They played a crucial role in facilitating the transaction and ensuring its success.
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
1.55%
Cash-on-Cash
-0.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93