Son Dinh Tran Acquires Chelsea Apartment In Manhattan For $9M
SOLD
$36,000,000
New York
See Similar DealsMultiFamily75,000 SF
Sold 07/24/2018
SOLD
Son Dinh Tran Acquires Chelsea Apartment In Manhattan For $9M
322 7th Ave, New York, NY 10001, USA
See Similar DealsMultiFamily75,000 SF
Sold 07/24/2018
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$480
Total Square Footage:75,000 SF
Transaction Type:Sale
The property at 214 West 30th Street in Chelsea, Manhattan has been sold in a closed transaction. The asset type is an apartment with a zoning classification of M1-6D. The sale took place on March 11, 2022.
Summary of transation details
- Property Type: Apartment
- Transaction Amount: $9,000,000
- Address: 214 West 30th Street
- Market: Chelsea, Manhattan
The buyer of the property is Son Dinh Tran, and the seller is Joseph Monasebian.
The property has a building square footage (BSF) of 22,710, with a price per BSF (PPBSF) of $396. The total floor area is 30,363 square feet, and the price per square foot (PPSF) is $296.
Additional details about the property include:
- Floor Area Ratio (FAR): 13.37
- Tax Class: 2
- Lot Size: 2,271
- Permits: Alteration 3 (04/23/2007)
- Lot Dimension: 23 ft x 98.75 ft
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,920,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$127,900.40
Cash-on-Cash Return-1.27%
Monthly Debt Service$170,658.37
Annual Debt Service$2,047,900.40
Is there something missing? Send suggestions