Updated Dec 21, 2023
Son Dinh Tran Acquires Chelsea Apartment In Manhattan For $9M
322 7th Ave, New York, NY 10001, USA
$36,000,000
$480/SF
Building Size
75,000 SF
Asset Type
MultiFamily
Closing
Jul 23, 2018
About this deal
AI
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
Players
New York MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.44%
Cash-on-Cash
-0.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93