Mukesh Ambani Sells $9M West Village Condo In Manhattan
400 West 12th Street
$9,000,000
$3,740/SF
Building Size
2,406 SF
Asset Type
Condo
Closing
Aug 8, 2023
About this deal
AI
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.
Players
New York Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $3.7K per square foot on a published $9M for 2,406 square feet (2023).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.76%
Cash-on-Cash
-0.50%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93