Joshua Kessler Acquires Midtown East Condo For $3.36M
$3,360,000
$1,358/SF
Building Size
2,474 SF
Asset Type
Condo
Closing
Jun 28, 2023
About this deal
AI
A retail condo in Midtown East, Manhattan, was recently sold for $3.36 million. The property spans 2,474 square feet, with a price per square foot of $1,358. The transaction took place on June 28, 2023.
Summary of transaction details
- Property Type: Condo
- Sale Price: $3,360,000
- Square Footage: 2,474
- Price Per Square Foot: $1,358
- Market: Midtown East, Manhattan
Joshua Kessler, a professional photographer, purchased the retail condo. He was represented by Ojoro Real Estate, LLC during the transaction. The seller was the Goldberg Group, with Joshua Goldberg serving as their representative. The acquisition of the property was completed for a total amount of $3.36 million.
Players
Market Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $1.4K per square foot on a published $3.4M for 2,474 square feet (2023).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.72%
Cash-on-Cash
-1.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93