John R. Smith Acquires Condo At 200 East 59th Street For $5.225M With Seller's Rep Douglas Elliman
SOLD
New York
See Similar DealsCondo1,720 SF
Sold 03/24/2025
SOLD
John R. Smith Acquires Condo At 200 East 59th Street For $5.225M With Seller's Rep Douglas Elliman
200 East 59th Street
See Similar DealsCondo1,720 SF
Sold 03/24/2025
Summary
NEW YORK
Asset Type:Condo
Price Per Square Foot:$3,037
Total Square Footage:1,720 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$278,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$18,563.32
Cash-on-Cash Return-1.27%
Monthly Debt Service$24,769.17
Annual Debt Service$297,229.99
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