Michael Reisor Of Douglas Elliman Represents Condo Sale At 527 West 27th Street For $9.15M
SOLD
$9,150,000
New York
See Similar DealsCondo3,102 SF
Sold 08/07/2025
SOLD
Michael Reisor Of Douglas Elliman Represents Condo Sale At 527 West 27th Street For $9.15M
527 West 27th Street
See Similar DealsCondo3,102 SF
Sold 08/07/2025
Summary
NEW YORK
Asset Type:Condo
Price Per Square Foot:$2,949
Total Square Footage:3,102 SF
Transaction Type:Sale
The property asset involved in this transaction is a condo located at 527 West 27th Street in the West Chelsea market. The transaction was completed for a sale price of $9,150,000, encompassing a total area of 3,102 square feet, which translates to a price per square foot of $2,949.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $9,150,000
- Address: 527 West 27th Street
- Market: West Chelsea
- Square Footage: 3,102
- Price Per Square Foot: $2,949
- Broker: Michael Reisor - Douglas Elliman
Michael Reisor from Douglas Elliman represented the transaction, acting on behalf of the involved parties. His involvement contributed to the successful closure of the deal on 8/7/2025.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$487,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$32,508.02
Cash-on-Cash Return-1.27%
Monthly Debt Service$43,375.67
Annual Debt Service$520,508.02
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