Andrew Delgado Acquires Condo On Kenmare Street From Robert Zimmerman For $2,425,000
75 Kenmare Street #6b
$2,425,000
Building Size
—
Asset Type
Condo
Closing
Dec 14, 2023
About this deal
AI
The property involved in this transaction is a condominium located at 75 Kenmare Street, New York, NY. The transaction was finalized on December 14, 2023, with a selling price of $2,425,000.00. The asset type is a condo, which reflects the residential real estate market in this New York City location.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $2,425,000.00
- Buyer: Andrew Delgado
- Seller: Robert Zimmerman
- Brokers: Alexander Boriskin - Douglas Elliman
Andrew Delgado is the buyer of the condominium, while Robert Zimmerman served as the seller in this transaction. The deal was facilitated by broker Alexander Boriskin representing Douglas Elliman, who played a key role in bringing the buyer and seller together for this agreement.
On the Map
$2,425,000
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
6.54%
Cash-on-Cash
-1.87%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93