Aysegul Demir & Alexa Polachi Galligan Sell Soho Condo For $10.2M
SOLD
$10,225,000
New York
See Similar DealsCondo4,075 SF
Sold 06/21/2022
SOLD
Aysegul Demir & Alexa Polachi Galligan Sell Soho Condo For $10.2M
72 Mercer Street
See Similar DealsCondo4,075 SF
Sold 06/21/2022
Summary
NEW YORK
Asset Type:Condo
Price Per Square Foot:$2,509
Total Square Footage:4,075 SF
Transaction Type:Sale
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
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$545,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$36,327.27
Cash-on-Cash Return-1.27%
Monthly Debt Service$48,471.72
Annual Debt Service$581,660.60
Is there something missing? Send suggestions