John R. Smith Acquires Condo At 200 East 59th Street For $5.225M With Seller's Rep Douglas Elliman
200 East 59th Street
$5,225,000
$3,037/SF
Building Size
1,720 SF
Asset Type
Condo
Closing
Mar 24, 2025
AI
200 East 59th Street is a condo located in the Sutton Place market, with a sale price of $5,225,000. The property encompasses 1,720 square feet, resulting in a price per square foot of $3,037.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $5,225,000
- Address: 200 East 59th Street
- Market: Sutton Place
- Square Footage: 1,720
- Price per Square Foot: $3,037
- Buyer: John R. Smith
- Seller: Mipa 59/Third Owner LLC & Centurion Real Estate Partners
- Seller's Representatives: Pierre Cadourcy, Kathryn Neugold & Douglas Brown - Douglas Elliman
The transaction was facilitated by sellers Mipa 59/Third Owner LLC and Centurion Real Estate Partners, represented by brokers Pierre Cadourcy, Kathryn Neugold, and Douglas Brown from Douglas Elliman. The buyer in this transaction is John R. Smith.
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
3.04%
Cash-on-Cash
-0.87%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93