Jon Bon Jovi Sells West Village Condo For $22M With Broker Leonard Steinberg
West Village, New York City, New York, United States
$22,000,000
$5,500/SF
Building Size
4,000 SF
Asset Type
Condo
Closing
Feb 24, 2022
AI
Jon Bon Jovi recently sold his condo in the West Village for a whopping $22,000,000. The condo, which spans 4,000 square feet, was sold at a price per square foot of $5,500. The transaction took place on February 24, 2022, and the property is located in the desirable West Village market.
Summary of Transaction Details:
- Property Type: Condo
- Transaction Amount: $22,000,000
- Square Footage: 4,000
- Price Per Square Foot: $5,500
- Seller: Jon Bon Jovi
- Broker: Leonard Steinberg - Compass
In this high-profile sale, Jon Bon Jovi enlisted the services of Leonard Steinberg from Compass as his broker. Together, they successfully closed the deal, showcasing their expertise in the West Village market. The sale highlights the demand and value of luxury condos in this highly sought-after neighborhood.
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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
0.72%
Cash-on-Cash
-0.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93