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127 West 112th Street

Ruth Schapira Purchases Condo On 127 West 112th Street From Metropolitan Homes For $499,000
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Ruth Schapira Purchases Condo On 127 West 112th Street From Metropolitan Homes For $499,000

127 West 112th Street

$499,000

$1,057/SF

Building Size

472 SF

Asset Type

Condo

Closing

Nov 25, 2024

AI

The property asset involved in this transaction is a condo located at 127 West 112th Street in the South Harlem market. The transaction took place at a sale price of $499,000, with a total square footage of 472 and a price per square foot of $1,057.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $499,000
  • Address: 127 West 112th Street
  • Market: South Harlem
  • Buyer: Ruth Schapira
  • Seller: Metropolitan Homes
  • Brokers: Adam Hakimian & Jason Warner - Real New York

In this transaction, Ruth Schapira acquired the condo from seller Metropolitan Homes. The brokers representing the deal are Adam Hakimian and Jason Warner from Real New York.

Players

Adam Hakimian

Real New York

Broker

$30.6M

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

31.79%

Cash-on-Cash

-9.09%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93