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Mukesh Ambani Sells $9M West Village Condo In Manhattan
SOLD
$9,000,000
New York
See Similar DealsCondo2,406 SF
Sold 08/08/2023
SOLD
Mukesh Ambani Sells $9M West Village Condo In Manhattan
400 West 12th Street
See Similar DealsCondo2,406 SF
Sold 08/08/2023
Summary
NEW YORK
Asset Type:Condo
Price Per Square Foot:$3,740
Total Square Footage:2,406 SF
Transaction Type:Sale
Indian billionaire Mukesh Ambani has sold a $9 million Manhattan condo located in the West Village. The condo spans 2,406 square feet and has a price per square foot of $3,741.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $9,000,000
- Square Footage: 2,406
- Price Per Square Foot: $3,741
- Market: West Village
Mukesh Ambani, known for his opulent Mumbai residence, enlisted Gladys Laurie Cooper from Douglas Elliman as his representative in the sale of the condo. Jenny Lenz, from Dolly Lenz Real Estate, represented the buyer.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$480,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$31,975.10
Cash-on-Cash Return-1.27%
Monthly Debt Service$42,664.59
Annual Debt Service$511,975.10
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