Ketan And Monika Parekh Acquire Condo At 325 West Broadway In Soho For $7.4M
325 West Broadway
$7,400,000
$2,740/SF
Building Size
2,700 SF
Asset Type
Condo
Closing
Sep 30, 2026
About this deal
AI
A 2,700-square-foot condo located at 325 West Broadway in Soho, Manhattan was sold for $7,400,000, translating to a price per square foot of $2,741. The sale reflects the dynamics of the luxury real estate market in this prominent location.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $7,400,000
- Square Footage: 2,700
- Price per Square Foot: $2,741
- Address: 325 West Broadway
- Market: Soho, Manhattan
The transaction involved trusts associated with financiers Ketan and Monika Parekh, who acquired the property through the representation of brokers Christopher Prokop, Ryan Serhant, Vikrant Patel, and Lara Maric from Serhant.
On the Map
$7,400,000
$2,740/SF
Condo
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Players
New York Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $2.7K per square foot on a published $7.4M for 2,700 square feet (2026).
Visit Vikrant Patel to view all their deals.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.14%
Cash-on-Cash
-0.61%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93