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
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